BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the maximum interbank fund transfer limit per day in BOB World application?
A
Rs. 2 Lakhs
B
Rs. 5 Lakhs
C
Rs. 1 Lakh
D
Rs. 10 Lakhs
Explanation: 

Detailed explanation-1: -Fund transfer to RTGS beneficiary can be done after 24 hours from beneficiary activation time. 6) You can transfer a maximum on Rs. 1, 00, 000 in a day on Mobile Banking & Rs. 50, 000 on Net Banking without adding beneficiary.

Detailed explanation-2: -Amount up to Rs. 50, 000 may be paid in cash to a beneficiary in India. Any remittance exceeding Rs. 50, 000 shall be paid entirely by means of account payee cheque, demand draft, payment order, etc., or credited directly to the beneficiary’s bank account only.

Detailed explanation-3: -(a) Inward transactions – Free, no charge to be levied. (b) Outward transactions 2 lakh to 5 lakh not exceeding 30 per transaction; Above 5 lakh – not exceeding 55 per transaction.

There is 1 question to complete.