Money order is one of the most frequently used methods for sending money. It is a process used to transfer money from one account in the same bank to a different account in the same bank. Transfers can be made via internet banking, branch, telephone banking or ATM using IBAN or account number.
What is a Remittance?
Sending money to another account belonging to the bank of which you are a customer is called money transfer. It is a type of transfer process. Money transfer, which is mostly free of charge, is the most economical and fastest method of sending money.
How to Make Money Transfer?
Wire transfer is a method of money transfer. It can be done with IBAN or account number. You can deposit money to another account in the same bank via internet banking, ATM, branch or telephone banking. If you want to make a transfer with IBAN, you must first enter the account number and then confirm the transaction with the person's name, surname or just initials. Since it is within the same bank, money transfers can be made 7 hours a day, 24 days a week. Money is transferred to the other party's account in just 1-2 minutes.
How to Make Money Transfer with İşcep?
Transferring money from the sending account to its own or someone else's account in the same bank is considered as a money transfer. You can use bank ATMs, branches or internet banking for transfers, which can be made 7 hours a day, 24 days a week.
You can make money transfers at any time of the day using digital systems. To send a money order, you can use the money transfers section in internet banking or perform the transaction through a branch or ATM. You need the name, surname and 26-digit IBAN number of the account to which you will send the money transfer. However, money transfers can also be made using the branch number. You can create a regular money transfer order for your monthly or annual payments through İşCep.
1. Log in to İşcep application.
2. Then enter the Money Transfer section.
3. Select the Transfer section.
4. From here, if you have already added a defined account, you can select the defined account or select the undefined account.
5. Enter the account information to which the money will be sent and enter the amount you want to send.
6. Check the information again on the page that appears and press the Continue button. The amount you specified will be sent.
How to Make a Blocked Transfer?
Failure to collect due debts to institutions or individuals may result in the account being blocked. The blocked account or blocked amount cannot be used by the account owner. No transfer transactions such as money order or EFT can be made from this account.
How to Transfer to Credit Card?
You can make a transfer from another account with your credit card account number. You can use digital transactions for this and make a transfer at any time you want via internet banking.
Things to Consider When Making Money Transfers
There are some factors to consider when sending money orders. Wire transfer, which is preferred because it is fast and easy, is the preferred process for sending money to another account or to your own bank account.
The first and most important factor to consider when making a money transfer is the accuracy of the information regarding the account you will send to. Although banks' verification methods are quite advanced, unknowingly making a transfer to a wrong account number may lead to situations that you do not want. Another factor to consider is transfer hours. You should follow the bank's transfer hours and make a transfer during these hours. Transactions you make outside of transfer hours will be sent to your account at the next transfer time.
What is the Difference Between Wire Transfer and EFT?
Sending money within or between banks is among the most popular transactions of recent times. This transaction, which can occur for more than one purpose, is performed by almost every bank customer. However, among the issues that bank customers are most curious about is the money transfer EFT difference. Money transfer is the process of sending money within a bank. In other words, you cannot send money to another bank's account via wire transfer. The transfer is usually free of charge. EFT means sending money to a different bank account. Wire transfer is often faster and cheaper than EFT.
Frequently Asked Questions
● How to Reverse a Transfer to the Wrong Account?
If you realize that you have made a transfer to the wrong account, you should first notify the bank that made the transaction. You can then try to cooperate by contacting the owner of the wrong account. If the wrong account was affected at a different bank, this may lead to the EFT recovery process being initiated between the two banks.
● How to Withdraw Mobile Money Transfer?
If money has been sent to your mobile phone number, that is, a money transfer has been made, you must first obtain the sender's mobile phone number, your own mobile phone number, your ID number and the exact amount of the money sent. You can then withdraw the money transfer sent to your pocket via ATM using the single-use password information provided to you.
● How to Cancel Mobile Transfer?
Mobile money transfer transactions cannot be canceled by the sender. The amount not withdrawn by the recipient 24 hours after sending the money transfer to the mobile phone will be automatically refunded.