1. Yes. The ATM inter-bank transfer service has been opened in all banks across the country. Cardholders can use any UnionPay card to transfer money to other UnionPay cards across banks at any bank ATM machine. The limit is 50,000 yuan per day. Currently, most bank ATM machines charge for inter-bank transfers. Standard, slightly lower than over-the-counter transfers, but higher than online banking and mobile banking transfer fees.

ATM inter-bank transfers are popular because of their wide coverage, real-time arrival, and small-amount transactions. As the demand for inter-bank transactions from cardholders gradually increases, the importance of inter-bank transfers through ATM machines will become even more obvious.

The Beijing Branch of the Bank of Communications told the Beijing Youth Daily "Life Times" that the Bank of Communications was among the first banks in China to open ATM machines for inter-bank transfers, and has provided convenient services to many cardholders for many years.

2. Real-time payment is convenient and fast

Cardholders only need to have a UnionPay debit card with sufficient balance to make payment to our bank or other banks at any ATM. Bank UnionPay card for transfer.

During the specific operation, first insert the bank card into the ATM, verify the password, select the transfer button, and enter the bank card number of the transfer object according to the prompts. At this time, the ATM will display part of the name of the cardholder (hidden). Go to last name) to better confirm the accuracy of the transfer information. The transfer can be completed after checking and confirming the transfer amount.

For cardholders, inter-bank transfers at UnionPay ATMs are very simple. The payee information can be displayed in real time, and the transfer is received in real time. In most cases, the fees are relatively cheap.

Extended information

Advantages and disadvantages of various transfer methods

1. Over-the-counter transfer

Advantages: relatively intuitive, nothing is unclear You can ask the staff directly. It is suitable for the elderly who have large transfer needs and are not used to operating electronic devices

Disadvantages: need to go to the bank, queue up, time-consuming, and the highest handling fee.

2. ATM transfer

Advantages: Generally, there is no need to queue, the operation is not complicated, and the money can be transferred in real time 24 hours a day. The handling fee is a little lower than at the counter.

Disadvantages: There is a daily transfer limit of 50,000 yuan.

3. Online bank transfer

Advantages: Convenient, many banks offer no handling fees.

Disadvantages: There is a transfer limit limit. If the transfer amount is large, it can be transferred in several times.

4. Mobile Banking Transfer

Advantages: No handling fees, relatively safe, and the operation is becoming more and more user-friendly.

Disadvantages: If you have bank cards from different banks, you have to install several apps on your phone, which requires higher configuration requirements for your phone.

5. Third-party payment transfer

Advantages: Simple and convenient operation, most of which are free.

Disadvantages: There is a limit, and the payment may be slow.

People's Daily Online - All banks across the country enable inter-bank transfers from ATM machines with a daily limit of 50,000 yuan