Yes Bank Imps

What is Yes Bank Immediate Payment Service (IMPS), will you please provide here all detailed information about that as a PDF format???

Immediate Payment Service (IMPS) is an instant interbank electronic fund transfer service through mobile phones.

IMPS facilitates customers to use mobile instruments as a channel for accessing their banks accounts (interbank) and also funds transfer between these accounts.

For detailed information about Yes Bank Immediate Payment Service (IMPS), here is the attachment, the PDF contains following information sections;

Presently, how are interbank fund transfers made using mobile
Does the customer need to have a bank account for availing IMPS?
Does the customer need to register to remit the funds through IMPS?
Is the beneficiary customer also required to register for IMPS?
What beneficiary details does the customer need to affect an IMPS remittance?
What is MMID?
Can a customer link more than one account to the same mobile number?

YES BANK IMPS Details

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Answered By StudyChaCha Member