Bangladesh Electronic Funds Transfer Network
From Wikipedia, the free encyclopedia
Bangladesh Electronic Fund Transfer Network (BEFTN) is a Bangladeshi electronic fund transfer network between banks within Bangladesh.[1] Its main purpose is to transfer funds between bank accounts.[2] The network can settle debit and credits. Salary, bill, dividend, interest could be paid through the system.
History
[edit ]The network was established in 2011.[3]
From November 2023, fund transfer of Bangladesh Automated Clearing House (BACH) was to be accomplished through Nikash-BEFTN.[4] [5] [6]
References
[edit ]- ^ Payment and Settlement Systems — Bangladesh Bank
- ^ Bangladesh Electronic Fund Transfer Network — Bangladesh Bank
- ^ "Payment and Settlement Systems". Bangladesh Bank. Retrieved July 9, 2024.
- ^ "Electronic fund transfers thru Nikash-BEFTN software from November 12". The Daily Star. 2023年11月09日. Retrieved 2024年04月16日.
- ^ নিকাশ-বিইএফটিএন ইলেকট্রনিক ফান্ড ট্রান্সফার শুরু. Jagonews24 (in Bengali). 2023年11月13日. Retrieved 2024年04月16日.
- ^ "Long wait for poor to get cash set to end with new fund transfer software". The Business Standard. 2022年01月31日. Retrieved 2024年04月16日.