NEFT (National Electronic Fund Transfer) is done for amount up to 2 lakhs.

RTGS (Real Time Gross Settlement) is done for an amount more than 2 lakhs.

SWIFT (Society for Worldwide Interbank Financial Telecommunication)

NOSTRO A/c: It’s an Indian Bank a/c in abroad with Foreign Bank & in their currency

VOSTRO A/c: It’s a Foreign Bank a/c in India with an Indian Bank & in INR

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