Make sure that you enter details such as the name & account number of the beneficiary, the amount to be transferred, name of the beneficiary bank and the IFSC Code of the beneficiary's bank branch such as HDFC Bank IFSC Code. Attach a cheque leaf along with the request form for an RTGS...
The Payee would deposit the cheque is his/her bank. If the payee or beneficiary of cheque has an account in the same bank in the same city the funds are credited into his account through internal arrangement of the bank If the beneficiary has an account with any other bank in the same ...