You draw the money from the first ATM, then you walk/crawl/fly/swim to the other ATM and deposit it into that ATM.
Yes. Most ATM machines these days come with capabilities to transfer money to other accounts of the same bank. If you have an account with say XYZ bank and use the ATM of the XYZ bank, you can transfer money to any other customer who has a XYZ bank account using that ATM. Note: Not all banks have this feature but there are many banks that do so.
No. ATMS provide facility to transfer money to any other account that is held with the same bank only. Currently banks do not offer third party funds transfer to accounts outside the bank through an ATM machine. You have to either use internet banking or visit the bank if you wish to transfer funds to another bank.
No, withdrawing money from an ATM is an example of Real-Time Processing as you are taking money out/putting in at that moment.
the ATM is a machine what we can use to take money everyv time we want
ATM stands for Automated Teller Machine. One of those machines where you can withdraw money using a keypad, a card, and a PIN code. ATM transaction is Bank Speak for money withdrawn from an ATM/cash machine.
You cannot money form one ATM to another ATM, you need to go to the bank to tranfer money to another account.
No. It is not possible to transfer money from a SBI bank account to a HDFC Bank account using either banks ATMs. This is because, a SBI ATM is not authorized to transfer money into a HDFC Bank account. You will be able to transfer money only into other SBI accounts from a SBI ATM.
No. It is not possible to transfer money from a SBI bank account to a HDFC Bank account using either banks ATMs. This is because, a SBI ATM is not authorized to transfer money into a HDFC Bank account. You will be able to transfer money only into other SBI accounts from a SBI ATM.
It should say.
Haha, ATM. You do it everywhere in the world!
No it is done through online transaction
Yes. Most ATM machines these days come with capabilities to transfer money to other accounts of the same bank. If you have an account with say XYZ bank and use the ATM of the XYZ bank, you can transfer money to any other customer who has a XYZ bank account using that ATM. Note: Not all banks have this feature but there are many banks that do so.
You can transfer money from HDFC bank ATMs to SBI accounts by making sure that you have your routing number if the transfer is domestic. If the transfer is going to be international, you will need the swift routing numbers as well.
No. ATMS provide facility to transfer money to any other account that is held with the same bank only. Currently banks do not offer third party funds transfer to accounts outside the bank through an ATM machine. You have to either use internet banking or visit the bank if you wish to transfer funds to another bank.
In many countries you can use your ATM card at a bank in the country which you are visiting. Your only charge will be the ATM Fee.
In computing;Asynchronous Transfer Mode(ATM)But in India;Automated Teller Machine(ATM)
Asyncronous Transfer Mode