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  Home >> Accounts >> Online Banking/BillPay  
'Instant' Transfer to Friends Account

Is there a bank that would allow instant transfer of funds online, so I can transfer money to my friend's checking account instantly online? Any banks you can recommend for this purpose?


Unless the accounts are in the same bank, we aren't aware of any instant transfer facility between accounts. One thing you might consider is PayPal or a similar service that is linked to bank accounts, and allows for almost instant transfers from one PayPal account to another.

Published on BankingQuestions.com 9/17/09