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What is the difference between Inter branch funds transfer & Inter Bank funds transfer?

April 26, 2017Bank branch difference funds inter transfer

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What is the difference between Inter branch funds transfer & Inter Bank funds transfer?

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Inter branch funds transfer refers to transferring funds from your HBL account to any of yours or third party HBL account. Whereas, Inter bank funds transfer refers to transferring funds from your HBL account to any other account in another bank that comes under the 1 link network.