KVB unveils RTGS service

Chennai, Jun 8 (UNI) Karur Vysya Bank Limited (KVB) today announced branding of its online Real Time Gross Settlement (RTGS) service as "KVB e-FLASH", enabling fund transfer at lightning speed.

A bank release here said "KVB e-FLASH" was the fastest and most secured mode for electronic transfer of funds in real time from the account of the remitter to the beneficiary.

The funds could be transferred to the account of beneficiary with any RTGS-enabled branch/bank.

The customer who used "KVB e-FLASH" can transfer money on real time basis to over 21,000 RTGS-enabled branches of over 115 banks across the country.

The beneficiary can access the funds within a matter of few hours, it added.

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