Friday, 11 May 2012

Do you want an online transfer of your money from one bank to another


Most of us still not comfortable with online transfer of money, but believing the Internet age, money transfer has become easy and efficient. Your first approval from bank may take time but once done, with a secured computer you would be able to enjoy quick online money transfers . Are you ready to learn the step as how to do it ?


Internet Account Access
First and Foremost thing that you need to do is to create an Internet access for the account you desire to transfer your money to. In few banks, you may have to do some paperwork inorder to get Internet access to your account while other bank may just allow you do that. Be careful about your password, it should be composed of numbers, upper and lowercase letters. The purpose is to maintain strong account access protection.

Establish Payees

You may of to do some paperwork when you are need to create Payees, though this is not applicable for all banks. Few banks give easy and instant access to payee account for an easy bank transfer. Inorder to transfer money using your computer you need to enter the details for the receiving bank and account each time you move money, or you can set the bank up as a recurring payee. The bank you pay from would want all the personal information including name, address, routing number, account number where you want to transfer the money to.

Payment
Once everything is done at both the ends of the banks, you can begin transferring your money. Login to your bank account from where you want money to be transferred, select your payee bank where you want it to get transferred. Enter information required to be filled in an online form. Electronic transfers generally don’t take much time. You can actually watch money moving out from your account to another.

Computer Protection
This is the most important aspect while making any sort of online transfer. You need to install Anti Virus, Firwall Software , so that you computer could be protected from hacking and your money remain safe.

No comments:

Post a Comment