Will I get an acknowledgement of an online money transfer?

Yes, you and the beneficiary will receive a text message as soon as the funds are transferred.

What happens if the transferred sum is not credited to the account of the beneficiary?

The bank will refund your source account if your beneficiary does not get the money transferred due to a technical glitch. The time taken to complete the fund transfer depends on the online money transfer service used.

Can I conduct fund transfers via RTGS at all bank branches in India?

No, RTGS services are not provided by all bank branches in India. However, almost every well-established bank in India is RTGS-enabled.

Online Money Transfer Services in India

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