How to Easily Transfer Money Between Personal Accounts
Learn the simple steps to transfer money between personal accounts using your bank's app or online banking.
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To transfer money to another personal account, use your bank's mobile app or online banking portal. Log in and select the 'Transfer' option. Choose the account you want to send money from and the recipient's account. Enter the amount, verify the details, and confirm the transaction. For added security, you may need to enter a one-time password (OTP) sent to your phone or email.
FAQs & Answers
- What do I need to transfer money between personal accounts? You need to log into your bank's mobile app or online banking portal, and have access to your recipient's account details.
- Is transferring money online safe? Yes, transferring money online is safe, especially when using secure banking apps that require verification steps.
- How long does it take to transfer money between personal accounts? Transfers between personal accounts can typically be instantaneous or take a few hours, depending on your bank's policies.
- Can I transfer money using my bank’s mobile app? Yes, you can transfer money using your bank's mobile app by selecting the transfer option and entering the necessary details.