Bank transfer

• Firstz

  31 Jul 07, 00:21

  Can transfer money from POSB account to OCBC account? Is it same procedure as transferring from POSB account to POSB account?
• qlqq9

  31 Jul 07, 00:22

  Originally posted by Firstz:

  Can transfer money from POSB account to OCBC account? Is it same procedure as transferring from POSB account to POSB account?

  can be done, call the bank and ask lor!
• eagle

  31 Jul 07, 00:43

  shud be able to, with a small fee
• RaTtY8l

  31 Jul 07, 00:46

  even if u wanan transfer ur money to a damn ulu ulu bank in africa aso can. jus pay a fee can liao
  
• Andkel

  31 Jul 07, 01:11

  Can be done. But must pay bank admin. fee.
  I usually take out the amount by atm and cash deposit into the other account.
  Yes more work but not that difficult to do, why let bank take your money just for that.
• Firstz

  31 Jul 07, 01:28

  So can't use atm to do the transfer?
• Andkel

  31 Jul 07, 01:32

  I have tried using ATM B4, but I cannot get it done.
  Maybe someone with better exp. enlighten both of us.
• airgrinder

  31 Jul 07, 02:07

  Wah lau ye, what you'all talking about??? Most info given here is wrong.
  
  1. You can do fund transfer between posb and dbs OR OCBC and UOB at the ATM. For posb/dbs, use either atm cards on either ATMs. For OCBC/UOB, if u are transfering from UOB to OCBC, use your UOB ATM card at an OCBC ATM, vice versa. It's free.
  
  Note: You CANNOT transfer between OCBC/UOB to DBS/POSB via ATM.
  
  2. You can however do an Internet fund transfer. Its free. You can transfer to any bank in SG. It will take 2-3 working days for the funds to reach. There is however a daily limit amount you can transfer depending on bank. Mine is 5k for the local banks, 10K for the foreign banks.
  
  3. You can do a local MEPS transfer (local TT) between banks. There will be a charge maybe $30 (chk with the bank). It will take one working day.
  
  4. You can withdraw a cashier's order (bank issue cheque) and deposit it into the intended party's account. Payable to own name, free, payable to third party got charge (Usually $20).
  
  
• Andkel

  31 Jul 07, 02:19

  
• Andkel

  31 Jul 07, 02:24

  Originally posted by airgrinder:

  Wah lau ye, what you'all talking about??? Most info given here is wrong.
  
  1. You can do fund transfer between posb and dbs OR OCBC and UOB at the ATM. For posb/dbs, use either atm cards on either ATMs. For OCBC/UOB, if u are transfering from UOB to OCBC, use your UOB ATM card at an OCBC ATM, vice versa. It's free.
  
  Note: You CANNOT transfer between OCBC/UOB to DBS/POSB via ATM.
  
  2. You can however do an Internet fund transfer. Its free. You can transfer to any bank in SG. It will take 2-3 working days for the funds to reach. There is however a daily limit amount you can transfer depending on bank. Mine is 5k for the local banks, 10K for the foreign banks.
  
  3. You can do a local MEPS transfer (local TT) between banks. There will be a charge maybe $30 (chk with the bank). It will take one working day.
  
  4. You can withdraw a cashier's order (bank issue cheque) and deposit it into the intended party's account. Payable to own name, free, payable to third party got charge (Usually $20).
  
  

  Actually I am rite also mah. He ask to transfer from POSB to OCBC atm cannot rite? Now I also blur alittle, cause I tried to transfer from ocbc to posb cannot lor. But I must thanks you for all the info that you provide. At least now I know more. Cheers
• FireIce

  31 Jul 07, 19:17

  use internet banking
  add 3rd party bank
  
  takes 2 working days for the money to appear at the other side
  
  (if same bank is immediate)
  
  no extra charges.