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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.
What else can I help you with?
Can you have a bank transfer with saving accounts?
Savings accounts opened with one bank cannot be transferred to another bank. You would have to close your existing bank account and then open a fresh account with the other bank. This feature is not available as yet and I don't think it will be in future as well.
Can you transfer money to one account to another through 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.
Does the government monitor how much money i transfer through accounts?
typically the bank monitors your account usage.
How do you write a check for deposit into another one of your other accounts?
If you have more than one account with the same bank you can simply transfer money from one account to the other (i.e. savings to chequing or vice versa). This can be done online if you have online banking or at the till. You could even withdraw money from an ATM out of one of your accounts and then deposit it into another.Assuming that the accounts are not with the same bank and you want to write a check to "transfer" from one account "source" to deposit into the other bank account "target".You can make the check out to "Cash" and endorse it (sign the back).It would be wise to write your "target" bank account number in the memo portion of the check preceeded by the word "deposit". Just be sure to get a deposit receipt and ensure that it was deposited into your account. Be aware that the bank may place a hold on the deposit amount until it receives the funds from the other bank (your check does not bounce).
How do savings accounts work?
Savings accounts are bank accounts that accumulate interest. You make deposits and withdraws at your bank and unlike checking accounts you cannot link a debit card or checks to the account. Most banks allow you to transfer money from your savings to your checking account and vice versa if you have both.
Is possible to transfer money from sbi ATM transfer to hdfc bank?
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.
Is possible to transfer money from hdfc ATM transfer to hdfc bank?
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.
Can you have a bank transfer with saving accounts?
Savings accounts opened with one bank cannot be transferred to another bank. You would have to close your existing bank account and then open a fresh account with the other bank. This feature is not available as yet and I don't think it will be in future as well.
What is the difference between a wire transfer and a bank transfer?
A wire transfer is a type of bank transfer that involves sending money electronically from one bank account to another, usually across different financial institutions or countries. A bank transfer, on the other hand, is a broader term that includes various methods of moving money between accounts within the same bank or between accounts at different banks.
Can you transfer money to one account to another through 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.
What are the differences between a debit card transfer and a bank account transfer?
A debit card transfer involves using a card linked to your bank account to make a payment directly, while a bank account transfer moves money between accounts electronically without using a physical card.
How do you transfer money from your BPI Accounts to another BPI Accounts?
To transfer money from any account, it can be done one of two ways. In this case, for the BPI Accounts, it's easiest to transfer the accounts online at the BPI site. However, it can also be done in person by going to one BPI bank, explaining the situation, removing the funds, and then going to the other BPI bank and transferring the money directly.
Are Bank America checking accounts available online?
Bank of America checking accounts are available online. There are apps available to deposit, transfer and even withdraw money from the account to other accounts. Images of written checks are also available to view.
What is difference between Number of bank accounts and bank account number?
Number of bank accounts is how many bank accounts and bank account number is the number that identifies the bank account.
How can I transfer money from my bank account to my Vanguard account?
To transfer money from your bank account to your Vanguard account, you can set up an electronic funds transfer (EFT) through Vanguard's website or by contacting Vanguard directly. This allows you to move money securely and quickly between accounts.
How can I transfer funds between my Wells Fargo and Bank of America accounts?
To transfer funds between your Wells Fargo and Bank of America accounts, you can use online banking services provided by both banks. Log in to your Wells Fargo account, select the option to transfer funds, and enter the details of your Bank of America account. Follow the prompts to complete the transfer securely.
How can I transfer money from my bank account to my debit card?
To transfer money from your bank account to your debit card, you can usually do so through your bank's online banking platform or mobile app. Look for the option to transfer funds between accounts and select your debit card as the destination. You may need to provide the card number and other details to complete the transfer.
