Transfer Funds/Money enables you to initiate payment from your bank account to any other bank account without visiting the bank, enjoying from the ease of your home through online banking. Payments are categorized on the basis of transfer to account within your own accounts, the bank, outside the bank and beyond geographical boundaries, such as;
1. when the transfer is between your own accounts it is called My Account Transfer,
2. when the transfer is to an account within the bank it is an Internal Transfer,
3. transfer to an account outside the bank, but within the country is called a Domestic Transfer, 4. and, a transfer to an account outside the country is called an International Payment.
IMPORTANT: Before transferring funds, you must create or add a payee on your online banking application.