BNP launches nationwide electronic collection facility

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Mumbai, Feb 12 (UNI) Global banker BNP Paribas, has launched its ''FIT'' electronic collection facility through RTGS/NEFT enabled branches, across the country.

The new facility is expected to shorten and simplify financial transactions like remittances, receipt and reconciliation of funds and updation of records from days to hours without use of cheques and Demand Drafts, a release said here today.

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