How to Transfer Money from State Bank ATM
If you want to transfer money from one SBI account to another though a state bank ATM, there is no option to transfer directly to a bank account. Instead you can use the card to card transfer. In card to card transfer the money in your account is transferred to any state bank group debit card. This is equivalent to transferring to another bank account.
To use this facility when you swipe your card you will see several options. On the right bottom side of the screen you can see transfer. Select the option and you will be asked to enter the PIN number. Enter the PIN and you can see the card to card transfer option and select it. You will be asked to enter the card number twice. Then you will be asked to enter the amount. Then you need to select your account type ( Checking or Savings ). The recipient’s account will be credited immediately and the service is free.
You can transfer to any visa card in India through the visa money transfer option. It takes up to 72 hours for crediting to the beneficiary account. You can also transfer to any MasterCard in India using the MasterCard Money Send option. It takes up to 48 hours for crediting to the beneficiary account. The above two functions you can see in transfer option. Both the above two services are charged Rs 20 per transaction.
All ATM cum debit card holders of the state bank group can avail the above facilities.
Thanks for your useful information…..
Very useful information .I am going to try it out.
Hi Shanavas, from your instruction i transfer money today from my sbi atm to ICICI visa debit card of Rs9000 from visa money transfer option. but it is not successful. but my balance of Sbi atm is less by Rs 9000 & my icici a/c balance does not filled by Rs 9000. in the SBI atm mini statement show is “31/5 9000.00-ATM WDL “. Do I have to wait for 72 hours??
Dear Ritesh, Visa money transfer will take up to 72 hours to credit to the beneficiary.
Hi Shanavas, Is card to card tranrfer among state bank group active now? I done one such transfer from my sbi maestro debit card to sbt maestro debit card but it is not credited 2 payee and the amt is debited from my a/c on 31/ 05. What to do?
Dear Jitesh, If the amount is debited from your account, the transaction is OK. If you transfer money with in the same bank it will be credited immediately. Please contact the branch since there is too much delay.
I presented the problem to my home branch(sbi) they told that u can transfer money witin sbi but not 2 associate banks. I also contacted wit sbt they told that u can do it between any state bank group. I am totally confused. Will they credit it back or I loose that amount?
I have tried this ATM-card to card transfer in one of the ATM. but it was unsuccessful. What I have to do?
Dear divya, You may have entered something incorrectly. I have done it many times.
I have transfer 5000 Rs from State bak of indore to state bank of india through ATM. Money has bee deducted from my ac but it is not credited in other ac please tell me how long it will take.
Dear shailendra, Normally it will credit immediately.
Hello I tried to transfer some amount from sbi atm card to my HSBC visa card. Amount has been deducted from sbi account but not yet credited on to my HSBC account. I have done the transaction on 30/07. Please let me know how to go about it. I guess its more than 72 hours now.
Dear Reena, Please contact SBI. They will help
I wanna transfer money from my sbi atm card to another sbi atm card. How it will be charged? and the limits.give reply as early as possible.
Dear Ravati, There are no charges for card to card transfer within SBI and there is no limit.
Can we transfer from Maestro (Non-SBI) to Visa (SBI) using ATM
Dear jayadev, You can transfer provided the bank support it.
Dear Mr. Shanavas,
I want to verify my paypal account. As per your information , you can verify paypal account for just rs.299/-. After transfer the money in your a/c,How i will get expuse code?
Dear Bhattacharya, I will send you VCC and expuse code.