How to transfer money from bank account to another bank account online?

In order to transfer money from one bank account to another, there are many different options. The easiest way is by using the internet. Online banks offer a free “wire” service that allows someone to transfer funds quickly, as fast as the day’s business will allow.

Important steps to follow when transferring money

There are several steps that you should follow when transferring money from your bank account to another bank account online. The first step is to verify the identity of the person you’re transferring the funds to. Next, you need a secure digital link or a callback phone number where the person you’re transferring the funds can be reached in case there’s any problem. If a callback phone number isn’t provided, then it’s recommended that you transfer the money using Western Union.