You can transfer funds instantaneously between any of your ICICI Bank accounts. But for this, both of your accounts should be linked to your Internet Banking User ID.
To transfer funds to other ICICI Bank accounts, anywhere in India, you have to login to the ICICI Bank's website to register for this service. It is a very simple registration process. After registration, you can transfer funds instantly by providing the account number of the account to which you wish to transfer the fund.
You can even transfer your funds to other Bank Accounts in over 100 cities across India. To avail of this facility, you need to complete a one-time registration and have to confirm the third party bank account number. Once all these over, you can transfer your funds at your convenience. It usually takes 3 working days to transfer the funds. Though the actual time taken to credit the account largely depends upon the time taken by the Payee's bank to process the payment.
When you Transfer Funds Between Accounts, you certainly enjoy some distinct advantages. If you go through those advantages and understand those well, you would always Transfer Funds Between Accounts by availing Internet Banking facilities. Following are some advantages of Transfer of Funds Between Accounts:
- You won't have to write out and send any cheques or DDs or even Pay Orders to the Payee.
- No chance of payment instructions in getting lost or misplaced in transit.
- You can transact from the comfort of your home or office through ICICI Bank Internet Banking service.
- If you Transfer Funds Between Accounts, you would get eCheques facility on the ICICI Bank's website absolutely free.
For more information on ICICI Bank, please go through the site onlinebankshub.com.
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