RBWM: Concepts and Practice · Part B: Retail Products and Recovery

Chapter 9: Remittance products

Drafts, NEFT, RTGS, IMPS and UPI, cash transfers through agents, and money sent into and out of India.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 9.1Remittances; drafts and banker’s chequesp. 115
• 9.2NEFT and RTGSp. 116
• 9.3IMPS, UPI, NACH, AePS and BBPSp. 117
• 9.4Cash transfers and failed transactionsp. 118
• 9.5Money into and out of Indiap. 119
• Exam traps and quick checksp. 120
• Practice: 16 questions in three roundsp. 121
• Answers, with every wrong option explainedp. 123
• Make it stickp. 125
• Chapter 9 on one pagep. 126

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.