How to Transfer Money on ATM and Quickteller

Credit vs Debit cards

   Debit card: A debit cardA debit card looks just like a regular ATM card, and you can use it at ATMs. The difference is that a debit card has a Visa® or Mastercard® logo on its face. That means you can use a debit card wherever Visa® or Mastercard® debit cards are accepted, for example, department stores, restaurants, or online.

Credit card: A credit card with a red circle and a slash through itA debit card is not a credit card. When you use a debit card, the money is deducted from your checking account. With a credit card, you’re borrowing money to be repaid later.

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So instead of queuing up with others; I decided to take the alternative step to save my time, I decided to use the ATM with my ATM card for the money transfer the money.

To make sure everything goes smoothly with no later regret, I decided to search the internet for some tutorial on how to transfer money from one account to another. And surprisingly, I couldn’t find any better guide that explains how to transfer money through ATM to others.

I took forwarder steps myself. I started checking bank official websites for details on how to archive this, I got different banks email address and send them enquire mails, personally call few bank officials costumers care to make sure that everything is really clear. So that i can write an artile on Complete and full guide for Money Transfer.

And finally, I got transfer done. And Today I will be sharing the full guide I know about ATM and NON ATM MONEY TRANSFER.

Here is a guide on how I was able to transfer the money using ATM card. You just follow the same steps and You should be able to transfer money to any bank account Successfully.

REQUIREMENTS:

1. Your ATM Card ( Naira MasterCard)
2. An Automated Teller Machine (ATM)
3. Security Pin to the Naira MasterCard.

If you have got all this together, then you should be slotting in your card in the ATM machine now to start the Transaction.

HOW TO TRANSFER MONEY FROM WITH YOUR ATM CARD WITH ATM MACHINE

I Noticed First banks has some different options and procedures while using it ATM Machine. This actually works and may differ from banks to banks. But have written and explain below how to use any of the ATMs. The ATM you want to use should be configured with the General sequentially Steps (order) to transfer cash. or a different Configuration.

But which ever way, YOU MUST BE ABLE TO READ PROPERLY (literate), so you can understand what you are actually pressing on the machine.

The General Steps on all ATM Machine

1. Insert Card your ATM card into the ATM Machine
2. Enter Security Pin And Press Proceed
3. Press Change Teller
4. Press Interbank Transfers
5. Select Funding Account Type
6. Select Receiving Account Type
7. Select receiving Bank
8. Enter Account Number you wish to transfer to (recipient) 
9. Enter Amount You want to Send and click Proceed
10. Click Proceed if you accept the charges fee
11. Confirm details and click proceed if okay

You’ll get the message “Transaction completed” please check the receipt for your reference number. Note: where there is no receipt, check your SMS alert for the reference number. In case there is any problem on the Transaction the reference number will be needed to fix the Problem. 

Steps on Different Configured ATM Machine

1. An ATM Card ( Naira MasterCard, Master Card, Valve, Visa )
2. An Automated Teller Machine (ATM)
3. How the ATM tranfer money
4. At any bank ATM post terminal, insert your ATM card into the ATM ( Naira MasterCard, Master Card, Valve, Visa )
5. Type your ATM PIN code
6. Select “transfer money” or “send money”
7. Enter the recipient’s bank account number
8. Select the type of account transfer.
9. Select your bank account type (saving or current)
10. Enter the amount to be transfer to the recipient account
11. Confirm the recipient bank account details and amount to be transfer. The recipient account holder’s name and the amount to be transfer will be shown on the ATM screen. Select ‘Proceed’ if the information shown on the ATM screen is correct

Finally, if the transaction is successful; a congratulatory message will be displayed on screen indicating that you have successfully transferred certain amount You entered from your account to recipient account.

HOW TO TRANSFER MONEY WITH QUICKTELLER ANY WHERE WITHOUT VISITING YOUR BANK AND ATM MACHINE

1. Internet connection
2. Quickteller account
3. A Smart or any Mobile phone with Internet browsing access. 

To transfer money to any bank using Quickteller all you need to do is follow the Steps below:

1. Download or go to m.quickteller.com to create an account using your mobile phone.
2. Log in to your Quickteller account
3. Click on transfer money
4. Select the destination bank
5. Select the Account type
6. Enter yours account number
7. Enter the Beneficiary’s name
8. Enter the amount of money
9. Enter the receiver’s phone number
10. Click on next
11. Confirm the details
12. Click on Pay and enter the following card details: Card Number + Card Name + Expiry Date + onions code + Card PIN