A money transfer service is a payment service provider that, at the request of the payer, transfers a certain amount of money to the payee. The payee may be the payer. Money transfer services include money transfer services through the customer's payment account and non-payment account.
How to transfer cash into a bank account
Account balance is essential for making payments, transferring funds and maintaining services. However, when the balance is insufficient, customers need to transfer cash into the account. Here are some ways to transfer cash into a bank account:
Transfer cash into a bank account at an ATM
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Most banks in Vietnam today have ATM systems to help customers easily conduct transactions. Transferring money into a bank account is also quite simple.
However, ATMs only accept deposits within the same banking system. Furthermore, the method of transferring money from an ATM account can only be applied to certain ATMs.
How to deposit money into your card at an ATM:
- Insert the card into the slot and enter the password
- Select to deposit money into your account on the ATM screen
- Insert money into the slot below the screen. The screen will display the amount you just inserted. Then, check if the amount is correct and select the confirm button.
- Choose whether to print a receipt and get your card back
Transfer money at the counter
Transferring cash into an account at the counter has the advantage of 100% success guarantee but can only be done during business hours. At the counter, customers only need to fill in the recipient's information on the money transfer form and give it to the staff.
Transfer money to post office account
In addition to banks, post offices now also provide cash transfer services. The way to transfer cash at the post office is also quite simple. The sender goes to the post office transaction points and fills out the information on the money transfer form.
Then give the cash and the payment slip to the post office staff. The post office will transfer the money to the recipient's bank account number.
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