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Author Topic: Which bank is best for imps? Please share additional details.  (Read 1368 times)
Mastercon
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September 09, 2016, 12:27:47 AM
 #1

I use ICICI personal to trade on localbitcoins but it has a limit of 5 payees per day and 3 direct imps payments with mmid.

Which bank is best suitable for imps criterion are:
1.Direct payment with imps using bank acc number,name and IFSC only.
2.High imps sending limits per day per account.
3.Number of imps payments per day per account.

Please share.
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September 09, 2016, 12:56:37 AM
 #2

I use ICICI personal to trade on localbitcoins but it has a limit of 5 payees per day and 3 direct imps payments with mmid.

Which bank is best suitable for imps criterion are:
1.Direct payment with imps using bank acc number,name and IFSC only.
2.High imps sending limits per day per account.
3.Number of imps payments per day per account.

Please share.
i think you should look forward for the net banking instead of mobile banking . you can send anyone and in many no. of persons but in a limit of 50K INR per day . i think it is better than to get limit .

bitcoinisbest
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September 09, 2016, 02:33:11 AM
 #3

Does anybody can share the comparison chart of couple of banks, their Minimum Balance required, No of new beneficiary can be added per day, Max limit per day etc

forextoBTC
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September 22, 2016, 12:35:12 PM
 #4

Does anybody can share the comparison chart of couple of banks, their Minimum Balance required, No of new beneficiary can be added per day, Max limit per day etc

Open a current account.


Based on my experience:
Savings account usually will keep giving this problem. Plus 90%+ banks will have a problem with a high number of daily transactions in a savings account.




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September 22, 2016, 12:54:46 PM
 #5

I am dealing with Axis Bank and i am happy with their deals since i am holding a zero balance account which i am using for a  long time , i am able to send direct payment with imps using bank acc number,name and IFSC only, you can request at the branch about the transaction limit. Only problem i found recently is that they are deducting small amounts of money for sending money abroad at a later time .i have to check that up later.


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bitcoinisbest
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September 22, 2016, 05:12:26 PM
 #6

Which is the best bank in terms of max beneficiary addition per day and what is the max payment that can be transferred in each day?

philiveyjr
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September 24, 2016, 12:55:03 AM
 #7

I have used axis and HDFC in the past. Never had any problems with either, so would definitely recommend them.

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September 24, 2016, 02:17:22 AM
 #8

I have used axis and HDFC in the past. Never had any problems with either, so would definitely recommend them.

Which is you current bank account now? How many beneficiary can you add in a day in Axix bank?

anandsrivastava.2612
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October 04, 2016, 10:35:32 AM
 #9

Hi,

I am using Kotak bank services for long time and they are best for IMPS,

Hope it will help you.

Thanks


Anand
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zahra4577
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October 05, 2016, 10:15:25 AM
 #10

I use ICICI personal to trade on localbitcoins but it has a limit of 5 payees per day and 3 direct imps payments with mmid.

Which bank is best suitable for imps criterion are:
1.Direct payment with imps using bank acc number,name and IFSC only.
2.High imps sending limits per day per account.
3.Number of imps payments per day per account.

Please share.
SBI is best because they charge lowest fee for inter bank tranfer and zero fee for intra bank tranfer.Private banks rip off customers with heavy fees

techsuvidha
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October 09, 2016, 05:27:26 PM
 #11

I use ICICI personal to trade on localbitcoins but it has a limit of 5 payees per day and 3 direct imps payments with mmid.

Which bank is best suitable for imps criterion are:
1.Direct payment with imps using bank acc number,name and IFSC only.
2.High imps sending limits per day per account.
3.Number of imps payments per day per account.

Please share.
SBI is best because they charge lowest fee for inter bank tranfer and zero fee for intra bank tranfer.Private banks rip off customers with heavy fees

No doubt SBI is good, but you can only do IMPS transactions from 08:00 am to 08:00 pm,,  also you need to add the beneficiary first which takes around 4 hours. Upto 5k you can do using their Quick Pay option.

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October 10, 2016, 04:30:05 PM
 #12

I use ICICI personal to trade on localbitcoins but it has a limit of 5 payees per day and 3 direct imps payments with mmid.

Which bank is best suitable for imps criterion are:
1.Direct payment with imps using bank acc number,name and IFSC only.
2.High imps sending limits per day per account.
3.Number of imps payments per day per account.

Please share.


Axis no limts for adding, 10 lac limit daily
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