Monday, February 20, 2012

What information do i need to send a payment to someone with e-banking account?

I need to send a payment to a friend. And he told me to make an electronic deposit to his online savings account. How can i do this? What information do i need to have to make an electronic payment

to his e-bank savings account? am used to the traditional money order-type of payment, and I don't know exactly how to work this transaction step by step.What information do i need to send a payment to someone with e-banking account?You would first need to check with your bank on what are the details of your friend's bank account that is needed to do an electronic funds transfer. Mostly you will need your friend's bank name, account number, bank address, your friend's address, contact number. Your bank should be able to tell you what details they require from your end as well. Just remember to check if there are any bank charges that will be billed to your end or exchange rates (if you're sending to a foreign bank account). Hope this helps.



Tyler

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