Money Transfer Launched Instant Domestic Money Transfer (DMT) Services. My recharge DMT brings you the convenience of transferring money from your place of residence to any Bank account across the country. My recharge Money Transfer enables domestic money transfer through a very safe channel to almost all banks across India. The money transfer service is available at our all retailers' mobile apps and on website login. It enables walk -in customers even without a bank account from place of transfer, to transfer funds to any bank account anywhere in India. Our trained retailers' offer convenient transfer of money into the recipient's bank account at a convenient time even beyond banking hours. Money Transfer features include money transfer from Wallet to bank. India's population who has till now been unable to avail mainstream financial services due to stringent bank account opening and Know Your Customer (KYC) documentation procedure can now transfer and receive funds from my recharge B2B Wallet to any bank account. Now any one, migrant worker or a college student away from home, can send and receive money. NEFT :National Electronic Fund Transfer under RBI which settles NEFT transactions in India as batch wise and works only on working day and hours of RBI.