Which banks can transfer money between banks

Bank cards can be used for inter-bank transfers, but there will be transfer fees for inter-bank transfers. The name of the beneficiary of the remittance must be the same as the name of the remitter, or be an immediate family member of the remitter.

If the name of the beneficiary is inconsistent with the name of the remitter, the supporting document that "the beneficiary and the remitter are immediate family members" must be presented, and "immediate family members" include "spouse, father (mother) and son (daughter)".

As long as the banks that have joined UnionPay support inter-bank transfer business.

Inter-bank transfer and remittance: Inter-bank transfer and remittance is a business of transferring and remitting RMB or foreign currency to the corporate or personal accounts opened in other banks in China.

UnionPay: China UnionPay refers to the joint organization of bank cards in China, which realizes the interconnection and resource sharing between commercial banking systems through the UnionPay inter-bank transaction clearing system, and ensures the inter-bank, cross-regional and cross-border use of bank cards.

The UnionPay network covers both urban and rural areas in China, and has extended to 150 countries and regions in Asia, Europe, the Americas, Oceania, Africa and other countries and regions (as of January 20, 2015).

Now every bank can, this is the basic business, but some rural credit cooperatives in the western region have not yet been connected, but they can also transfer money and remittance, but it is relatively troublesome.

In addition to ATMs, bank counters can be used, but some banks do not do it, and the handling fee is high.

Inter-bank transfer is possible. Generally, intra-city inter-bank transfers arrive at the beneficiary's account in 5-10 minutes, but must be completed within the bank's business hours. If the transfer is made at 5 p.m., the transfer time of the day has passed, and it falls on a weekend, it will arrive at around 9 o'clock on the following Monday.

What are the transfer methods?

1. Bank counter transfer. If you choose to go to the bank counter to handle the inter-bank transfer business, then usually the bank counter will arrive within 24 hours after the transfer, and the latest arrival time will usually not exceed 3 working days, but if the user handles the transfer after 3 pm on Friday, the arrival time may be delayed;

2. ATM transfer. If you use an ATM to transfer money to someone, it will take 24 hours for the funds to arrive in your account. In order to prevent fraud, if you use an ATM to transfer money to others, the bank will process the transfer business after 24 hours, and if you find a transfer error within 24 hours, you can apply to the bank to withdraw the transfer application;

3. Mobile banking transfer;

4. Online bank transfer.

Legal basis: Article 31 of the Measures for the Administration of Bank Card Business.

The funds in the personal RMB card account are deposited with the cash they hold or transferred to the income such as salary funds, legal labor remuneration belonging to the individual, and investment returns.

Article 32.

The funds in the personal foreign currency card account shall be deposited with the foreign currency notes held by the individual or transferred from the foreign exchange account (including the foreign currency account). The transfer and deposit of the account shall be handled in accordance with the Measures for the Administration of Individual Foreign Exchange issued by the State Administration of Foreign Exchange. When withdrawing foreign currency cash from a personal foreign currency card within China, it should be handled in accordance with China's personal foreign exchange management system.