Are you looking for a way to transfer money from one bank to another bank without any risks?? If yes, then you are in the right page. In this article, you can find the simple methods to transfer money from one bank to another through online effortlessly.
As the emergence of Digital India, many of us need to know about the online transaction. To facilitate the Digital India movement, and to be very quick, now electronic fund transfer becomes the most popular one among many of us.
To transfer money online from one to other accounts online, you have to add and approve the payee for one time. When the bank sanctions the beneficiary, you can transfer the money from anywhere at any time. Here are the simple ways to transfer money from one bank to another bank electronically.
1. Bank To Bank Transfer
If you have accounts on two different banks, then bank to bank transfer is the best option. This is the easiest way if both bank accounts are in your name. (For Ex:- SBI Account to Any other Bank by using SBI IFSC code).
2. Online Payment Apps & Tools
There are several apps and tools are available to send money to somebody else. Some of the popular apps are as follows:
Square Cash
Google Wallet
Chase Quickpay
Venmo
Pop Money
3. Wire Transfer
Wire Transfer is the best way to transfer money from one bank account to another bank account through a cash to cash. (with IFSC SBI code and account numbers).
4. Online Transfer
Online Transfer is really an easy way to transfer funds. It is really a great service and if your bank have it, you should make use of it. All you need to do is to sign in using username and password. Once you log in, you can easily transfer funds between accounts. Always check the “transfer money” or the related term. By using the drop down menu, select your from and to accounts where you need to transfer your money.
5. Paypal Transfer
It is easy to transfer your money with paypal. All you need to do here is that you have to sign up with username and password and all you need to link your bank account and provide your bank account details. Now, Click on the “Send & Request” tab. You have to enter the phone number or email address of the receiver.