Transfer money from bank account to bank account

There may be times when you need to transfer money between bank accounts within your company, or perhaps you withdraw cash to use for petty cash. Using the Bank Transfer option is a quick, easy way to record this.

Types of bank transfer

You'll find options for a bank transfer and a bank deposit available in Accounting. Post a Bank Transfer for things like:

• Transferring money between current and savings accounts
• Money is transferred between base currency accounts and foreign currency accounts
• Payments using a credit card that is set up as a bank account
• Loan repayments where the loan is set up as a bank account
• Money is paid into a cash account

A Bank Deposit is used to record money transferred from a cash account, to a current or savings account.

Record a bank transfer

1. Go to Banking, then select New and Bank Transfer.
2. Enter the details and select Save.

1. Click Save.

Record transfers using bank feeds or bank statement imports

If you're using bank feeds or importing your bank statements, use the Transfer option on the Incoming Bank Transactions page.

It is important to avoid creating duplicate transactions since this creates a transaction in both bank accounts automatically. Importing bank statements or bank feeds from both bank accounts may cause this to happen.

Only create a Transfer from one account and discard the transfer from the other account to avoid creating a duplicate.

Note: As long as both accounts are represented in Accounting it doesn't matter which bank feed or account the transfer is posted from.

Record a bank deposit

Record cash paid into your cash account to a Current or Savings account.

1. Go to Banking, then choose your cash account.
2. Select New Entry then Bank Deposit.
3. Enter the details and select Save.

The Cash in Hand Remaining shows the remaining balance in this account.

1. If you want to attach a file, select Attachment

   
   and then drag and drop the file to the Upload files area or select it to browse to the file.

2. Click Save.

View transfers in a bank account

1. Go to Banking then select the relevant bank account.
2. Scroll down the screen until you can see the Activity tab.
3. In the From and To boxes, enter the relevant date range.
4. Select More.
5. In the Type list, select Bank Transfer.
6. Select Search.

All transfers received into and paid out of this bank account now appear on-screen.

Transfer money to another bank account

Whether you need to send money around the corner or around the world, we make it easy and reliable to transfer money to your loved ones’ bank accounts.

Learn how to transfer money to another bank account today.

Reliable
Send your money with confidence thanks to our encrypted money transfers

Reliable
Send your money with confidence thanks to our encrypted money transfers

Trusted worldwide
Millions of people around the world choose to send money with Western Union

Trusted worldwide
Millions of people around the world choose to send money with Western Union

Simple and fast
Choose the way to pay that suits you and your friends and family

Simple and fast
Choose the way to pay that suits you and your friends and family

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You’ll both earn a $20 Amazon.com e-gift code*.
Terms and conditions apply.

Learn how to transfer money to another bank account

1

Register and verify your free profile

Log in or Sign up your profile for free to transfer money from your bank account. You can verify your profile using your United States driver’s license, passport or government-issued ID.

2

Choose the amount and destination

Enter the destination and the amount you’d like to send. Select ‘Bank account’ as the receive method.

3

Enter your recipient’s details

To transfer money to someone else’s bank account, you’ll need to have their details to hand. Enter your recipient’s details to transfer money directly to their bank account.

4

Select a payment method

Choose whether to pay with your credit /debit card, or transfer money with your bank account.

5

Confirm, send and track your transfer

Your money is on its way and can arrive in as little as a few minutes, but it can take up to four business days if funds are sent from your bank account2. You and your receiver can keep tabs on the money transfer with the tracking number tracking number (MTCN).

How to transfer money to someone else’s bank account with our app

Transfer money to another bank from the app or start a transfer and pay at an agent location.

Track your money transfer in real time.

Send cash to a chosen bank account again, quickly.

More ways to transfer money to bank accounts around the world

Quick and easy registration

It’s easy to register and transfer money to another bank account via our mobile app or in person today.

Pay the way you like

Pay using your bank account or credit/debit card1.

Convenient locations

Send money from a Western Union® agent location to your receiver’s bank account.

Ready to send money?

Transfer money from one bank account to another today – it’s an easy, reliable way to support your loved ones, wherever they are in the world.

Connecting customers around the world

As a company working in cross-border, cross-currency money movement, Western Union aims to help grow economies and create a better world. Register with Western Union to send money to another bank account almost anywhere in the world. So, go ahead: send money with us and enjoy ease of use, reliable service and all the other benefits we have to offer.

Encryption to help protect your money transfers

We’re committed to keeping your data secure

Money transfers at your fingertips with our app

Start sending to a bank account from the app.

Track your money transfer in real time.

Easily send again to your loved ones’ bank accounts.

Scan the QR code to download the WU app.

Rating as of September 15, 2020.

The reliable way to transfer money to bank accounts around the world

Find out how to transfer money to another bank, virtually anywhere in the world. Send money the way that works for you: online, with the Western Union® app or in person at an agent location. Choose your country to get started.

Frequently Asked Questions about sending money to a bank account

How do I send money to someone else’s bank account?

1. To transfer money to another bank, start by logging in or signing up and verify your free profile. Click ‘Send now’ to start your money transfer.
2. Enter the destination and amount you’d like to send. Transfer times vary per destination, but you’ll be able to see these as you make your selections.
3. Select ‘Bank account’ as the receive method. You can select a past receiver or enter their bank account details. The recipient information you’ll need varies by location, but the bank name is mandatory in most countries. You can search for the country you want to send money to for more details on the banking information you need here.
4. Pay with your credit1/debit card or bank account.
5. We will send you a confirmation email with a tracking number (MTCN). You can share this number with your receiver to track the funds.

How do I transfer money from bank to bank?

1. Log in or sign up and verify your free account. Click ‘Send now’ to transfer money from your bank account.
2. Enter the destination and amount you’d like to send. Transaction times vary per destination, but you’ll be able to see these as you make your selections.
3. Select ‘Bank account’. You can select a past receiver or enter your receiver’s bank account details. The recipient information you’ll need varies by location, but the bank name is mandatory in most countries. Learn what banking information you’ll need by country here.
4. Select ‘Bank account’ as your payment method.
5. We will send you a confirmation email with a tracking number of your transaction (MTCN). You can share this number with your receiver to track the funds.

How do I transfer money to another person’s bank account with the Western Union® app?

The Western Union® app lets you transfer money to another bank account in just a few taps.

1. If you already have the Western Union® app, log in with Touch ID or your credentials. If you don’t have our app yet, simply download it on the Apple App Store or Google Play Store. New users can follow the steps to register a profile with your email address. You can verify your profile using your driver’s license, passport or government-issued ID.
2. Start a transfer by entering the destination country and the amount you’d like to send. Choose the payout method that works for you: directly to a bank account, for cash pickup or to a mobile wallet5 based on your receiver’s country. Enter your receiver’s details.
3. Pay for your money transfer via credit/debit card1, or with your bank account.
4. We’ll provide the tracking number for your transaction (MTCN). Share this number with your receiver to track the funds. If sending to a mobile wallet, you and your receiver will get a confirmation alert via text notification when the money is delivered.

Download the app

How do I transfer cash to a bank account?

You can transfer cash to someone else’s bank account by visiting a Western Union agent location.

1. Start by visiting an agent location near you.
2. Head to the counter with a valid, government-issued ID and phone number. To send cash to a bank account, you’ll also need your receiver’s bank details, as well as a bank statement, tax return or payslip.
3. Pay by cash.
4. Collect your receipt. Take note of your tracking number (MTCN) and share it with your receiver. They’ll need it to receive their money.

Still have a question or need help?

Contact our Customer Care team or visit our FAQ page for more information on how to transfer money to a bank account.

1 If you’re using a credit card, a card-issuer cash advance fee and associated interest charges may apply. To avoid these fees or for reduced fees, use a debit card or check other payment methods.

2 Funds may be delayed or services unavailable based on certain transaction conditions, including amount sent, destination country, currency availability, regulatory issues, identification requirements, agent location hours, differences in time zones, or selection of delayed options. For mobile transactions funds will be paid to receiver’s mWallet account provider for credit to account tied to receiver’s mobile number. Additional third-party charges may apply, including SMS and account over-limit and cash-out fees. See the transfer form for restrictions.

3 Western Union also makes money from currency exchange. When choosing a money transmitter, carefully compare both transfer fees and exchange rates. Fees, foreign exchange rates and taxes may vary by brand, channel, and location based on a number of factors. Fees and rates subject to change without notice.

4 Network data valid as of 30 September 2021.

* Terms and Conditions apply. Restrictions apply, see amazon.com/gc-legal

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