Transferwise domestic or international. However transfer fees and exchange rates apply to the transaction so it s worth comparing specialist online money transfer companies to see if you might be able to find a better deal.
According to the rbi guidelines the user must complete kyc to use the online money transfer service.
How to transfer money from atm to another account online. You may transfer funds from a joint account to a single account in this manner when both accounts are with the same bank. Find wallet to bank in transfer money. Tap on transfer money feature on the app.
Select the option transfer funds or a similar entry. The amount transferred will reflect in the bank account instantly. Use a service like transferwise to send money straight from your bank account to another account inside or outside the us make a domestic wire pricey but fast from your bank use your bank s billpay option this works for a select list of banks bank to bank option 1.
Enter the amount and select continue. You can send money overseas from your bank account. Complete the transfer by inserting your card entering your personal identification number and selecting the make a transfer option from the screen.
Add beneficiary name account number and ifsc code and click continue. Any accounts associated with that debit or atm card will be displayed. Login to your joint account online or visit your bank branch.
Otherwise you may write a check from your joint account to deposit to a single account at another bank. Though the transfer of funds through mobile banking and netbanking are the most preferred options transfer of funds through atm is widely practiced. Now in the digital banking scenario there are various ways of money transfer online and atm cum debit cards have made things simpler.
At your bank atm post terminal insert your atm card into the atm enter your personal identification number pin code select send money or transfer money enter the recipient s bank account number. Let us check how to transfer money from atm below. Choose the account from which you want to transfer money to receive the funds.