Neft meaning: 15

15. How can I track status of NEFT transactions initiated? Who should be approached to know status of the NEFT transaction? Ans: The remitter and the beneficiary can track status of NEFT transaction by contacting NEFT Customer Facilitation Centre (CFC) of their bank, respectively. NEFT stands for National Electronic Funds Transfer, a system that allows you to transfer funds from one bank to another. Learn how NEFT works, what information you need, how to pay bills using NEFT, and more. NEFT is an electronic payment system that allows individuals and organizations to transfer funds between bank accounts in India. Learn how NEFT works, its features, advantages, timings, limits, and charges. NEFT (National Electronics Fund Transfer) is a system that allows payment between bank accounts digitally. Learn all about NEFT, plus its meaning and function.