FAQs
Instant Money Transfer (IMT) is an innovative domestic service that allows you to send cash to a receiver. All you need to do is mention receiver's mobile number, amount to be sent and set Sender's code. Beneficiary can withdraw cash using a debit card, from any ATM of the banks empanelled.
What is the IMT code? ›
IMT is an innovative, safe and simple domestic money transfer with cash out facility. It allows Banks customer to send money to a beneficiary/ receiver only by using the beneficiary / receiver's mobile number and secret code; from either our IMT enabled ATMs or our Retail Internet Banking facility.
What happens if IMT is not withdrawn? ›
Expiry: IMT transaction gets expired if is not withdrawn by the Beneficiary customer, within 10 working days from transaction initiation. Transaction amount (excluding service charges) would be refunded to you within 10 working days.
How to get imt code? ›
This IMT ID is given to the sender during the initiation of the IMT transaction (IMT ID is printed on the ATM receipt and is also sent as an SMS to the sender's mobile number, if provided).
What is an IMT transfer? ›
An international money transfer (IMT) is a payment made from one account to an overseas account. IMTs are also commonly known as "telegraphic" or "SWIFT" transfers.
What is the code for instant money? ›
How Instant Money works. Register for Instant Money by dialling *120*212#, enter your ID number and create a unique Instant Money Wallet PIN.
How to do instant money transfer? ›
Login to the application and select the IMPS menu from the IMPS or use the SMS facility in your mobile if your bank provides IMPS on SMS. Get Beneficiary Mobile number and MMID. Enter Beneficiary Mobile number, beneficiary MMID, Amount and your MPIN to send.
What is the purpose of an IMT? ›
The IMT is a resource utilized by Department personnel to provide incident management capabilities, respond to large scale/complex incidents, and strengthen command, control, and coordination to major incidents within the Department's jurisdiction.
Which bank transfer is instant? ›
IMPS - Instantly Transfer Funds with IMPS.
How do I receive money from instant cash? ›
Receive Money
- Cash. At the counter, the recipient needs to simply provide a valid ID and the 9-digit ICTC number to receive the funds. ...
- Bank deposits. This is a fairly straightforward method where you can arrange for the funds to be sent directly to your receiver's bank account. ...
- Mobile wallet. ...
- Home delivery.
4.12 Depending on the Participating Merchant, a Sender may send a maximum of R5 000 per day or R25 000 per month. If you are a Standard Bank client and you are using a Standard Bank channel, the maximum that you can send is linked to your daily and monthly ATM withdrawal limit.
What does iMT stand for in banking? ›
International Money Transfer (IMT)
How do I get an IMT? ›
Application for IMT is done online via the Oriel application system, with applicants scored on categories including publications, teaching experience, and quality improvement projects. Your application score will determine whether you are invited to interview.
How to generate iMT? ›
Initiating an IMT
Customers can register beneficiaries by entering the beneficiary's name, mobile number and address. This beneficiary registration is a one-time process. Once a beneficiary is successfully registered, IMT can be initiated by entering the amount to be transferred and setting a sender's code.
What does IMT mean in finance? ›
International money Transfers (IMTs) usually take 2–3 business days to process. They may take longer depending on the destination country and currency.
What does the acronym IMT stand for? ›
Intelligent manual transmission, its acronym is usually stylized as iMT. Interactive machine translation, a sub-field of computer-aided translation. Intima-media thickness, a measurement of the thickness of artery walls. Also expressed: Carotid intimal-medial thickness.
What do you mean by IMT? ›
What is an iMT? iMT stands for Intelligent Manual Transmission. This system simply removes the clutch pedal thus reducing a major point of interaction a driver has with the car. It relies on an intelligent intention sensor, hydraulic clutch actuator, and an electronic transmission control unit.
What is the full name of IMT? ›
The Institute of Management and Technology (IMT), Enugu came into existence under the then East Central State of Nigeria Edict No 10 of 1973 promulgated by the Administrator of East Central State – Ajie Ukpabi Asika.