In today’s world where people are on the run all the time, transfer of funds from an account to account in the traditional way is the least chosen option as one needs to find time to visit the bank to make the transaction. Now in the digital banking scenario, there are various ways of money transfer online and ATM cum Debit cards have made things simpler. Let us check how to transfer money from ATM below.
Though the transfer of funds through mobile banking and netbanking are the most preferred options, transfer of funds through ATM is widely practiced. The advantage is money transfer from ATM that can be done through any nationalized or private sector banks.
Funds can be transferred from one debit card to another debit card or one account to another account through ATM.