Transfer Money From One Bank To Another

Transferring money from one bank to another bank can be done through a bank-to-bank transfer. This method allows you to transfer money from your bank account to the recipient’s bank account.

Here are the steps you can follow to transfer money from bank to bank:

  1. Log in to your online banking account or mobile banking app.
  2. Find the option for bank-to-bank transfer or external transfer.
  3. Enter the recipient’s bank account number and routing number.
  4. Confirm the recipient’s name and address, and the bank name.
  5. Enter the amount of money you want to transfer.
  6. Review the details of the transfer and confirm the transaction.

It’s important to ensure the information you provide is accurate to avoid delays or additional fees. Additionally, you should also check the fees and the transfer time of your bank before making a transfer.

It’s also important to note that some banks may have a daily limit on the amount of money that can be transferred and some may have a cut-off time for transfers.

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Data Protection

RemitM is registered with the Information Commissioner’s Office (ICO), the UK’s independent authority set up to uphold information rights in the public interest.

You can visit the ICO website to learn more about data protection or search the ICO register to view details of Remitm’s registration (Registration Number: ZA526026)

Client Funds

All clients’ funds are held in a dedicated client account separate from RemitM’s funds, in line with our regulatory framework and consistent with good practice.

We earn no interest from holding client funds, as your payments and transfers are not held by us and are remitted to recipients upon receipt.

Online Security

Online security is given a very high priority. Our online payments and money transfer system uses the same technologies as online banking for security.

Your data is transmitted in a secure way and all password data is encrypted.

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