Can you transfer money from accounts at an ATM?

Can You Transfer Money from Accounts at an ATM?

Yes, you can transfer money from accounts at an ATM. This is a convenient way to move funds between your own accounts, or to send money to someone else. However, it’s important to note that not all ATMs offer this service.

Which ATMs Allow Account-to-Account Transfers?

In-branch ATMs typically facilitate account-to-account transfers. These ATMs are located inside bank branches and are operated by the bank itself. They offer a wider range of services than off-site ATMs, including account transfers.

How to Transfer Money from Accounts at an ATM

To transfer money from accounts at an ATM, you will need:

• Your ATM card
• Your PIN
• The account number you want to transfer money to

Once you have these items, follow these steps:

1. Insert your ATM card and enter your PIN.
2. Select the “Transfer” option from the menu.
3. Enter the account number you want to transfer money to.
4. Enter the amount of money you want to transfer.
5. Review the details of the transfer and confirm the transaction.

The money will be transferred immediately from your account to the recipient’s account.

International Money Transfers

If you need to transfer money to someone in a different country, you will need to use a different service. There are a number of companies that offer international money transfers, such as WorldRemit. These services typically charge a fee for their services, but they can be a convenient way to send money overseas.

Conclusion

Transferring money from accounts at an ATM is a convenient way to manage your finances. However, it’s important to note that not all ATMs offer this service. If you are unsure if your ATM allows account-to-account transfers, contact your bank for more information.