Anyone send funds Directly from his INDIAN Bank A/c (Online)

Discussion in 'Payment Processing' started by 28081981, Jan 15, 2008.

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  1. #1
    I am not sure if we can do that , ... if we got online transaction rights can we send money to a person's ac :confused:

    I see an option in my SBI ac that we can send money to OUR OWN AC in other branches.. but I am not sure if we can send it to others as well...

    Any one does that? ICICI/ SBI/ BOI/ Any other bank .. ?


    If yes, then pls let me know the detailed procedure like charges/time takes etc, thanks
     
    28081981, Jan 15, 2008 IP
  2. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #2
    You can do this (online transfer to other bank account) but for that you have to request for Third Party Transfer facility to your bank so after that you can send online to other bank accounts through your net banking facility. Ask this to your bank and they will guide you further.
     
    deluxdon, Jan 15, 2008 IP
  3. 28081981

    28081981 Well-Known Member

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    #3
    yes i read that third part transfer on SBI w/site... i wanted to know if anyone has practical experience abt it ...
     
    28081981, Jan 15, 2008 IP
  4. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #4
    Not with SBI but i have experienced with HDFC bank.

    DON.
     
    deluxdon, Jan 15, 2008 IP
  5. 28081981

    28081981 Well-Known Member

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    #5
    I see, can u pls tell me if the process in HDFC is instant, and the charges for the same, thanks.
     
    28081981, Jan 15, 2008 IP