Title: How to transfer money to someone else's account: A complete guide
Headings: How to transfer money to someone else's bank account: A complete guide
How to transfer money to someone else's bank account: A complete guide
Options to transfer money to someone else's bank account
1. Send money to a bank account directly
Transfer money online
Transfer funds in branch
2. Use an international transfer provider
Making an international transfer? Wise could save you money
Cash
3. Transfer cash to a bank account
4. Check
5. Money orders

Content: You’ll usually be able to do this through your regular bank or using a specialist third party provider. Each bank and service provider has slightly different processes and costs for sending payments, so you’ll need to check how to deposit money to someone through your chosen service before you get started. Transfer money online
Typically banks recommend that you set up payments online using your internet banking details or app. This tends to be the quickest and cheapest way to make a payment, both locally and internationally. In most cases, making a transfer through your online banking is as simple as finding the right menu option, and then following the on-screen prompts. You’ll need to confirm who you’re sending money to, as well as their bank account details including routing number, bank name and address. If you’re making an international payment, you won’t need a routing number, but you might be asked for the reason for the transfer and for additional account details such as an IBAN number or sort code. The costs involved with sending money online vary depending on the service you choose and the type of transfer. A recent report found that domestic transfers cost on average USD25-USD30, while international payments can cost USD45-USD50. You may also pay an additional fee wrapped up in the exchange rate used for your transfer, and your recipient may face charges from their own bank for receiving the payment.