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What is Electronic Bank Transfer?

What is Electronic Bank Transfer?

Author
Discussion

Byard

Original Poster:

539 posts

86 months

Thursday 12th July 2012
quotequote all
Hi all,

Not sure if this is the right section but I desperatly need to transfer some money, and need to do it by 'electronic banks transfer'. Is it like a chaps or bacs? Do I have to pay? The payment will be sent from a Halifax account if that helps. How does this work?

Thanks

raptor600

1,356 posts

58 months

Thursday 12th July 2012
quotequote all
It is just a another phrase for a bank transfer.

You can log online and do it very easily - and it's free.

Byard

Original Poster:

539 posts

86 months

Thursday 12th July 2012
quotequote all
Thanks for the reply. Do you know if it can be done over the phone if I have the other companys bank details etc?

rich1231

17,153 posts

172 months

Thursday 12th July 2012
quotequote all
Byard said:
Thanks for the reply. Do you know if it can be done over the phone if I have the other companys bank details etc?
Depends on your arrangement with your bank.