A major user-friendly feature of modern online banking systems, often supported by systems like SFMS/NEFT/RTGS in the back-end, that makes it easier for customers to initiate inter-bank transfers is the auto-discovery of the:

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General Studies · Retail Banking Technologies

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Beneficiary bank's name and branch based on the IFSC code input.

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Answer 1

Customer's social security number.

Answer 2

Beneficiary bank's name and branch based on the IFSC code input.

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