How to transfer funds from one debit card to another

How to transfer funds from one debit card to another

Debit cards are a convenient way to access money in checking or savings accounts. In many cases, it is important to know how to transfer funds from one debit card to another? Well, there can be multiple cases in which you will need this information

One of the possible cases is when you want to carry out a large transaction in which you need to combine the assets of both accounts, or when you need to cover an automatic monthly payment that comes from one account.

Transferring funds from one account to another should be relatively easy if your accounts are at the same bank, and a bit more of a hassle if they are at different banks. Well, it may take a little longer to complete the operation, however it is not something you should worry about.

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If you don’t know how to transfer funds between your debit cards, it is advisable to call your bank’s customer service number.

Also, you can go to an ATM, or access your accounts online. If this doesn’t work, just go to the nearest branch and ask your questions.

Confirm that the selected accounts are linked so that you can transfer the money. If they aren’t, ask the representative how you can link them.

This should be a straightforward process as long as the social security number on the accounts matches. Subsequently, request a bank transfer from the account from which you will withdraw the money to the account where you will enter it.

If you are calling customer service or trying to transfer through an ATM, you will first need the PIN number of the debit card, to verify that you are the authorized user of the card.

However, if you are accessing the information online, you will need to create or enter your username and password. It is advisable in case of approaching a branch, that you carry some type of identification because they will surely ask for one.

Confirm the transaction and save the receipt
It is important to highlight the importance of confirming the transaction and saving the receipt for it. This will be a way to confirm your payment in case of any complaint or problem that may arise in the future.

To acquire it you must go to the bank or the ATM of the institution from which you want to extract the money.

Later, take out the amount you want to transfer, through the ATM. Then, all that remains is to go to the bank to continue with the operation. Finally, make the deposit in the account in which you want the money to be available through the debit card.

Don’t forget to confirm the transaction with the representative and keep your receipt in a place where it won’t get lost or damaged.

Tips when transferring from a debit card to one from another bank
Keep in mind that if you are transferring funds from one bank to another, and you don’t have time to go to both banks, you can carry out the transaction by going to the bank where you want to make the deposit.

There you can get an advance of the money or you can withdraw it from your account at the other bank’s ATM, and then make the deposit in the account where you want to have access to the money.

There may be a fee associated with withdrawing from the ATM for a different bank or an advance of the money. Be sure to ask about the fees associated with your transaction.

It may interest you: How to make deposits at ATMs that do not belong to your bank?

Remember that some transfers between different banks may take a few days to be made. So it is recommended to anticipate this and reserve some money while making cash in the other debit card or bank account.

Also make sure that the equipment from which you carry out the operation is an equipment for occasional use, preferably your mobile or personal computer. This will prevent your password from being registered in places of public access such as internet cafes, offices or others.

It is for this reason that each of your bank accounts must have a strong, solid and unique password. Thus, managing to keep all your operations safe and avoiding any inconvenience or mishap that may be presented as theft or scams.

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