Are you looking for how to send money with Checking Account Number instantly? Or you have been faced with a situation whereby someone asks you to send money to them urgently and you seem to be confused on how that can be done. Well, you are definitely in the right place.
This article will give you an all-encompassing explanation of how you can send money with a Checking Account number instantly. I will also take you through other aspects of sending money with your Checking Account Instantly. Stay glued to your screen as we kick off the guide.
What Is Checking Account
If you are an account holder. There is a high probability that you are familiar with the various types of accounts in the US. There is the Savings Account and the Checking Account amongst others. Each account has its pros and cons but our concentration here is on Checking accounts.
A Checking Account is a type of bank account that gives you access to withdraw and use your money anytime you deem fit. This is made easy with the introduction.
Online banking and banking apps with which you can easily send money with your checking account number instantly to any bank. A Checking account can be opened online and also done at any of the branches of your desired bank.
When you open a Checking account, you will be provided with a debit card and an account number. One of the importance of having a checking account number among others is that when someone demands money from you, you can send money to with the Checking account number instantly.
Requirements To Open Checking Account?
Before we move further to see how to send money with a Checking Account Number instantly, let’s quickly enumerate the requirement for opening a checking account either online or in the bank. To open A Checking account, you just have the following.
- Must be a Citizen of the United States.
- Must be up to the age of 18years and above
- Have a government means of identification such as a Voters Card, Drivers’ Licence, etc.
- A valid email and phone number
- A Social Security Number (SSN) and many more.
After opening the account and getting your Checking Account Number, the next step is to proceed and see if it is possible to send money with a checking account number.
Can I Send Money With Checking Account Number instantly?
Although this question seems to have answered itself with the introduction above, I would like to emphasize it for clarity. Yes, it is very much possible to send money with a checking account number instantly.
And as a matter of fact, this is one of the major advantages of owning a checking account. With that established, let’s proceed to the next important point. And that is to learn how to send money with a checking account number instantly to either the same bank, other banks, or other financial institutions.
4 Ways To Send Money With Checking Account Number Instantly?
So after knowing that it is possible to send money with a Checking Account number instantly, learn with me as I elucidate on how to do it.
It is safe to establish here that there are many ways to send money with a checking account number instantly but this article will concentrate on four methods.
Bank Account
This method of sending money with a checking account number instantly is of two types. Firstly is transferring money from your checking account to another account of the same bank.
Secondly, send money with your checking account number to another account of a different bank. The former may be instant while the latter is most likely to take some time.
To send money with your checking account number instantly through bank transfer, visit your bank, ATM, or Mobile App.
Navigate to where you can send money, include the recipient’s checking account number, and send the money. The recipient will get the money in no distant time with ease.
Google Pay
Another way to send money with a checking account number is through the use of Google Pay. Google pay is one of the services of Google that helps in the transfer of money instantly. All you need is to get the checking account number of the recipient like this.
- Download and open the Google pay app
- Click on the Google pay balance below the profile icon
- Tap on transfer out and enter the amount and checking number of the recipient.
- Click NEXT, choose a payment method, and tap on transfer out.
With this, the recipient will get the money in no distant time.
PayPal
Paypal instant transfer is another way to transfer money with your checking account number. And this service is only available to US citizens with an SSN. To do this you have to make sure that the checking account is linked to your PayPal account.
This is done by logging into your PayPal. Click on balance and tap on transfer money on the next page. Tap on the checking account you wish to transfer to (already linked) and click next. Confirm the transaction and tap on transfer now.
WorldRemit
WorldRemit is an international money transfer platform. With WorldRemit, you can send money with a checking account number instantly.
And like PayPal, you have to link your checking account with WorldRemit. Then create an account, choose the country of the recipient, enter the details of the recipient and send.
Would I Be Charged To Send Money With a Checking Account Number Instantly?
The answer to that question is both a Yes and No depending on the method you used to send money with a checking account number. If it’s a bank transfer to the same bank, it would be free but to another bank account would attract charges that can only be determined by your bank.
All other methods discussed in this article attract charges that vary with the institution used. So do well to get acquainted with the charges attached to the method before going ahead to sending money with a Checking account number instantly.
How Much Can I send With A Checking Account Number Instantly?
Just like the charges, how much money you can send with a checking account number varies from bank to bank and with the methods employed.
With Google pay, you can send up to $10000 per transfer daily. Other banks have their send and receive limits which could be daily, weekly, or monthly.
Is It Safe To Send Money With Checking Account Number?
It is wise to ascertain the security of any method before using it to send money with a checking account number instantly.
Most financial institutions including banks keep working towards securing your fund hence the introduction of PIN, biometrics, Routing numbers, End-to-End data Encryption, and many more.
So with these, it is very safe to send money with a checking account number instantly. However, it is advised that you do not disclose your PIN to anyone.
Summary
Finally, you now know that you can send money with your Checking Account Number and how it can be done. In the course of the article, I enumerated the requirements for opening a checking account as well as the charges for sending money with a checking account number instantly, its limits, and safety.