What is the meaning of TRF in Bank of India?

Bank of India is one of the popular public sector banks in India providing its services with more than 5000 branches across India. It provides both online and offline services. In case if you transfer money from one account to another or any amount is debited automatically from your BOI account you will get one message which says the amount is debited with TRF written in the bracket. In this article, you will come to know What is the meaning of TRF in the Bank of India?

What is TRF Meaning in Bank of India

The full form of TRF in banking is “Transfer”. It means when you are transferring the amount from the BOI bank account to another BOI account, after the successful transaction you will get one message which says Rs. 500 (any amount) Debited (TRF) from your account number.

You will also see TRF in the message when the amount will deduct automatically from your bank account for any Insurance, Loan, EMI, etc.

TRF appears only when there is a transfer of amount or internet charge, SMS charge, etc. is done from your Bank of India account to another BOI account.

How to check TRF in Bank of India

If you have transferred the amount from your Bank of India account to another BOI account, you will get an SMS to your registered mobile number.

The SMS will have details like BOI -the amount Debited (TRF) in your account xxxxxx on 24-02-2019 (date you transfer money) and then it will show your available balance. check the message format below.

बीओआई – आपके खाता XX0123 से रु. 12.00 दिनांक 04-03-2019 को निकाले (ट्रांसफर) गये। कारण – BKID12345678900987654321 । उपलब्‍ध शेष राशि Bal Rs 988.00.

The word TRF is generally used by BOI in order to shorten the length of the text messages.

Conclusion

You have learned What is the meaning of TRF in the Bank of India, how you can check it. so from now on when you get any transaction message in BOI with TRF has written, do not worry, it is just a transfer done by you.

If you have any questions/queries related to the above information do ask in the below comment section. I will be happy to answer them.

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FAQs

1: What is the full form of TRF in Banking?

TRF’s full form is “Transfer” in Banking.

2: Is TRF appear for all bank transfers?

No, When you will transfer the amount from one Bank of India account to another BOI account you will see TRF in your text messages received to your registered mobile number.

3: For what kind of transaction I can get TRF in the Bank of India?

The transaction can include fund transfer, Loan, EMI, Insurance repayment, Internet recharge, SMS changes, etc.

So basically whatever the transaction is done in your BOI account you will get a TRF message to your registered mobile number.

4: What does TRF mean in the Bank Statement?

TRF means “Transfer” of money between accounts.

5: Why did BOI debit an amount from my account for TRF?

It is because you might have transferred the funds from your BOI bank account to another BOI or any mobile recharge, DTH, Internet, etc.

If it is deducted without any valid reason you can contact BOI customer care.1800 22 0229.

6: What are TRF charges in BOI?

There are no TRF charges in BOI. In fact, it’s not any service that the bank charges for, TRF is just a transfer short form.

4 thoughts on “What is the meaning of TRF in Bank of India?”

  1. BOI – Rs 431.00 Credited(TRF)PAYMENT AUG 2021 in your Ac XX4024 on 13-09-2021. .Avl Bal Rs 7626.89. please koi mujhe batayega ye kya hai jo mere account se har mahina katta hai….

    Reply
  2. 10000 is credited(TRF)svanidhi yojana in my account At 6:02 pm

    And Automatically 10000 Debited (TRF)svanidhi yojana from my account
    at same time 6:02

    Kya reason he ?

    Reply

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