5 Transfer Money From Wallets

The Transfer Money feature enables the user to initiate online payments from his bank account to any other account. Through this feature, the user is provided with the option to either transfer funds within his own accounts held in the same bank by selecting the ‘My Accounts’ option or to transfer funds to other accounts (held within the same bank or in other banks within the same country) by selecting the ‘Existing Payee’ option.

Features supported in the application

The ‘Transfer Money’ feature enables users to make payments towards:

  • Existing Payee– Internal & Domestic transfers are supported and are triggered based on the payee account selection.
  • My Accounts– Users are able to transfer funds from wallet to their own accounts held in the bank.
  • New Payee – By selecting this option, users can initiate fund transfers towards email, mobile and facebook and twitter contacts. Alternately, if the intended recipient of the funds is not yet registered as a payee, the user can also select the option ‘Bank Account’ in order to be navigated to the screen from which he can register an intended recipient as a payee.