Straight Through Processing (STP) in NEFT

PPB Data Communication Network and EFT Systems Free JAIIB Capsule 31 views Updated
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PPB · Data Communication Network and EFT Systems
To speed up fund transfers without manual intervention, banks employ a specific methodology for NEFT processing. What is STP?
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To speed up fund transfers without manual intervention, banks employ a specific methodology for NEFT processing. What is STP?

The full answer is part of ClearShorts Premium

This capsule covers Principles & Practices of Banking, Data Communication Network and EFT Systems. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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