I just like to share this with everyone. I found a new effect this skill is capable of, definitely a one of a kind skill, haha.
I was PQing at Snow Mine and I thought I test out Rift on some of those fiends. When it cast banish, I rifted it. The funny thing is I was inside the circle still from an Ice Bear's faint but I didn't get banished.
So Rift basically cancels Banishes even if you're still in the circle!
I only done it with the PQ monsters at Snow so far, I want to see if other Banishes make a difference.