(MUST READ) How to Send Money to Any Bank Account through ATM Machine

We are all aware about the introduction of cashless policy by the central bank of Nigeria, so that all banks in Nigeria will meet the developed world standard and also make banking easier and convenient in Nigeria. Due to this cashless policy, many things have been developed in Nigeria banking sector to make things easier for customers. Some of the new things which were

developed in Nigeria banking sector includes; the introduction of mobile banking, internet banking, introduction of ATM card which involves using ATM card to withdraw money, recharge your phone and send/ transfer money to any bank account conveniently without any risk involved.

How to Transfer Money to another Bank Account through ATM Machine

Now, we all know that there are many things we can now do using our ATM card which is a good innovation in Nigeria banking sector, we can also buy goods online with this ATM card, but let me concentrate on how to use it to transfer money to another bank account. This may sound new to hears of many people and also sound as outdated information to those who were aware of it for a long time now. Meanwhile, I will explain full detail on how to use ATM to transfer money to another bank account for those who didn’t know about it.

To send money from one bank account to another bank account through ATM machine, follow the steps below:

== > Go to any place where there is ATM machine, then insert your ATM card

== > Type your PIN number, and press continue

== > Press quick teller

== > Select Interbank

== > choose funding account type, if it is savings or current account.

== > choose receiving account type, if it is savings or current account.

== > Select recipient’s bank

== > enter the bank account number you want to send the money to

== > Then enter the amount of money which you want to send and click on proceed

== > Now click proceed if you accept the N100 charge. If you click on precede that means you have accepted on a charge of N100 for the transaction.

== > you have to confirm the details which you entered if they are correct, then click proceed.

== > you will receive a message that the transaction is completed; now retrieve your ATM card from the ATM machine.

That’s all.

You can see that this is easier than being in queue in a banking hall for just to deposit money. You can do this by yourself with your ATM card in any ATM machine in Nigeria; it’s 100% safe and easy to do.

NOTE: Each time you send money to any bank account with your ATM card, you will be charged N100 per transaction.