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How do I transfer funds from my savings account to another account?

Curious about saving account

How do I transfer funds from my savings account to another account?

You can typically transfer funds from your savings account to another account through various methods, depending on the bank or financial institution where you hold the accounts. Some common methods include:

1. Online banking: If you have online banking set up, you can usually transfer funds between accounts within the same bank or financial institution. This can be done through the bank's website or mobile app.

2. Wire transfer: You can initiate a wire transfer to send funds from your savings account to another account at a different bank or financial institution. However, there may be fees associated with this method.

3. ACH transfer: An ACH transfer is another method to transfer funds electronically between accounts. This method is typically free, but it may take a few days to process.

4. ATM: Some banks may allow you to transfer funds from your savings account to another account through an ATM.

Before making any transfers, it is important to check with your bank or financial institution for specific instructions and fees associated with each transfer method.

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