Bangladesh Electronic Funds Transfer Network

Bangladesh Electronic Fund Transfer Network (BEFTN) is a Bangladeshi electronic fund transfer network between banks within Bangladesh.Payment and Settlement Systems — Bangladesh Bank Its main purpose is to transfer funds between bank accounts.Bangladesh Electronic Fund Transfer Network — Bangladesh Bank The network can settle debit and credits. Salary, bill, dividend, interest could be paid through the system.

History The network was established in .

From November 2023, fund transfer of Bangladesh Automated Clearing House (BACH) was to be accomplished through Nikash-BEFTN.

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