Internal and External bank fund transfer? What is it?

Discussion in 'Home Life, Relationships & Finance' started by yeti, Jan 15, 2014.

  1. yeti

    yeti Member

    Internal and External bank fund transfer? What is it? Which bank should I refer to my bro?
     
  2. amili26

    amili26 Member

    Internal fund transfer means money is being transferred between two different accounts of the same bank, whereas external fund transfer is when the funds are transferred between two different accounts of different banks...these days both types of money transfers can be easily executed via internet banking...I use POSB banking services for money transfers.
     
  3. amili26

    amili26 Member

    Hope it help!!
     

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