With the advancement of the internet, online money transfer has gained an immense popularity. The convenience and ease to send money online such as online banking from anywhere in the world, has made it an indispensable facility for most people. Paying Bills Online – provides you with the facility of paying bills online directly from your checking account, credit card account, and home equity line of credit or from your money market account. To be able to avail online money transfer facility, you will need to set up pay to accounts or payees for which you would need copies of your bills. Through this, you can send money online without any delays by simply making use of the facility and completing a simple formality. You can keep your bill payment histories in an electronic format to eliminate any other paperwork.
Electronic Fund Transfer – this facility is provided to allow online money transfer between numerous accounts maintained within the same bank. You can transfer money from your checking to your savings account to your credit cards, investment accounts or to your line of credit. You can also transfer funds from your account into someone else’s account.
Other facilities – you can also access your account anywhere in the world by using the linked account feature of online banking. Linked accounts also allow you to send money online from your savings account to cover your overdrawn checking and credit account.
No comments:
Post a Comment