Bulk Electronic Clearing System

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf Electronic Funds Transfer
gptkbp:abbreviation gptkb:BECS
gptkbp:category banking
payment systems
https://www.w3.org/2000/01/rdf-schema#label Bulk Electronic Clearing System
gptkbp:operatedBy gptkb:Reserve_Bank_of_India
gptkbp:purpose bulk payments
bulk receipts
gptkbp:replacedBy gptkb:National_Automated_Clearing_House
gptkbp:status phased out
gptkbp:usedFor insurance premium payments
utility bill payments
salary payments
dividend payments
pension payments
interest payments
gptkbp:usedIn gptkb:India
gptkbp:bfsParent gptkb:Australian_Payments_Network
gptkbp:bfsLayer 6