The RBI has issued the Reserve Bank of India (Domestic Money Transfer) Directions, 2026, consolidating existing regulations governing small-value fund transfers through banking channels. The Reserve Bank of India (RBI) has introduced new domestic money transfer rules, allowing customers to send money through banks, ATMs and authorised agents, even without a bank account. The directions, effective November 11, 2026, specify transaction limits, cash remittance procedures and safeguards against misuse.