TRF Full-Form – Transfer Fund
The TRF Full Form is Transfer Fund. TRF refers to Fund Transfer from one Bank Account to another in Same Bank. In Banking, we use the Term TRF to Indicate the Money Debited or Credited to a Bank Account.
In case of Any transfer to our own Bank Account, we Get a Message on our Registered Mobile Number Regarding the Amount Debited or credited. Regardless of who Makes the transactions, the Bank Doesn’t Charge You any Fees in TRF.
In simple words, TRF indicates the Transactions of Fund Between Two Accounts. Bank use the Word TRF As a Short Form of transfer and This Has been there for a While Now.
TRF In Other Category ( Transaction Reversal Fraud )
The other Full Form of TRF Is Transactions Reversal fraud. TRF is one of the Most Common ways of Stealing Cash by Criminal These Days. it is Nearly Impossible to Stop Criminals Executing the Transactions Reversal Fraud.
- Also read – SBI Account Number Search by Name
The TRF fraud is only applicable to ATMs that support motorized cards. In TRF Many Errors are Codes are Created to conduct fraud transactions.
- Learn More about TRF Here.