How to move money within a bank?

Darbie

Hi

I am having an issue while transferring money from my savings account (360 Performance) to another account within the bank. So help me with the step-by-step procedure to transfer money. Also tell me what are the limitations while transferring the money, the processing time, and prices that might be involved.

Kaile

Transferring the money between the accounts within the same bank is called an internal transfer. To transfer the money within the bank, you have to follow some steps:

Log in to your online banking account.
Select your savings account that you wish to use for the transfer, and then select the account where you want to transfer the money.
Enter the amount and click on “Transfer Money." Click on "Submit.”.

To know the limitations, processing time and fees associated to your account, it’s better to know the account type. As these factors depend on the type of account you are having. There are Daily transfer limitations set by some banks for some accounts. For transferring the money within the bank accounts, there is no fees.