Transferring money is the most discussed thing in the present times. Owing to innovation in the financial landscape and advancements, it has become very easy to transfer money from one account to another account worldwide. There are multiple ways that can be used to transfer money and the rates of transfers also vary from bank to bank. Even they are reliable enough to give you a way to make transactions an easy thing to do. In this blog, you will find different ways to transfer money so that you may have clear understanding.

Ways of transfer money:

Bank to bank:

As it is the most conventional way to transfers money and simple also owing to great deal of involvement of people. The basic requirement is just bank account of both persons, who are supposed to transfer money. Further, it is fast and efficient in nature and the time of transfer takes 2-3 days working days. Here are the steps to transfer money from account to account:

You need to log in into your bank’s app or website
Open the main menu and choose the transfer option to another bank account
Provide information of your recipient such as account number and contact number
Confirm the new account in case of new recipient
Make the transfer by selecting the sending and receiving accounts

Wire transfer:

This option of wire transfer can be explored, if there is need to transfer money in large amount for a very short time span. This is another fast and secure way of transfer money but it has particular fee for every transfer.

Cheque transfer:

Writing a paper check might seem like an old, outdated way to send money, but paper checks still have their relevance in today’s technology-driven world. A paper check is a straightforward way to transfer money between banks.

Send money with Remit Choice:

You can now send money with Remit Choice. Get ready for the highest exchange rates, fee free and instant transfers.

How to transfer money from one bank to another?