Can you transfer money from card to card?

Transferring Funds between Cards using an ATM

Introduction

Transferring money between payment cards is a convenient and secure way to move funds between accounts. This guide provides a step-by-step process on how to transfer money from card to card using an ATM.

Step 1: Locate an ATM

Find an ATM with a bill acceptor feature. Bill acceptors allow you to insert cash or checks to deposit into your account.

Step 2: Select Transfer Option

Once you have located a suitable ATM, insert your card and enter your PIN. Navigate through the menu and select the “Transfer” or “Card-to-Card Transfer” option.

Step 3: Enter Recipient’s Card Details

The ATM will prompt you to enter the recipient’s card number. Carefully enter the 16-digit card number without dashes or spaces.

Step 4: Enter Transfer Amount

Specify the amount you wish to transfer. Ensure the amount is within your account balance and within the daily transfer limit.

Step 5: Confirm Transaction

Review the details of the transaction, including the recipient’s card number, transfer amount, and any applicable fees. Confirm the transaction by selecting the “Transfer” or “Send” button.

Step 6: Processing and Completion

The ATM will process the transaction and transfer the funds to the recipient’s card. The funds should be available in their account within a matter of minutes.

Additional Notes

• Some ATMs may require you to have a registered account with the bank operating the ATM.
• There may be transaction fees associated with card-to-card transfers.
• Always be cautious when using ATMs in public places and take necessary precautions to protect your PIN and account information.