How To Send Money From Rbc To Scotiabank
How to Send Money from RBC to Scotiabank
Whether you're paying bills, sending cash to a loved one, or conducting business, transferring funds between different banks is a vital aspect of modern-day finance. In this guide, you'll learn how to send money from Royal Bank of Canada (RBC) to Scotiabank. You will find three convenient methods: Online Banking, Mobile App, and Customer Service Call. Read on and choose the one that suits you best.
Online Banking
Online banking is a simple, quick, and efficient way to transfer funds from your RBC account to a Scotiabank account. Here is a detailed step-by-step guide.
- Log into your RBC Online Banking account.
- Select 'Pay Bills & Transfer Funds'.
- Opt for 'Transfer Funds' and select the account you wish to transfer funds from.
- Select 'Add Payee'.
- Search for and select 'Scotiabank'.
- Enter the recipient's account details and, once confirmed, add them as a payee.
- Enter the amount you wish to transfer and complete the transaction.
Once completed, funds should typically be in the recipient's Scotiabank account within 2-3 business days. Remember, fees may apply depending on the amount and speed of the transfer.
Mobile App
If you prefer banking on-the-go, RBC Mobile App is your ultimate solution. Sending money to Scotiabank using RBC's mobile app is as simple as these steps:
- Download and log in to the RBC Mobile App with your online banking credentials.
- Tap on the 'More' button on the bottom right of the introductory screen.
- Select 'Interac e-Transfer'.
- Add a recipient by entering their name and Scotiabank account details.
- Specify the amount you want to send, confirm the details, and tap 'Send Money'.
Transfers usually take place in real time or within a few minutes. However, transfers may also be delayed up to 30 minutes or more depending on the receiving bank's system.
Customer Service Call
If you're not comfortable with online options, a call to RBC's customer service can help you set up a transfer from RBC to Scotiabank. Here's how:
- Find the RBC customer service number on the back of your debit or credit card, or on RBC’s official website.
- Once connected with a representative, tell them you'd like to set up a fund transfer to Scotiabank.
- Verify your identity as required, and provide them with the necessary transfer details such as your account number, the recipient's Scotiabank account details, and the amount to be transferred.
You can expect the transaction process to take around 2-3 business days just like online banking. Fees may apply based on the transfer amount and other factors.
Knowing these methods to send money from RBC to Scotiabank can make your banking experience smoother and more productive. Opting for online or mobile banking gives you the convenience of making transfers anywhere, anytime. But for those who prefer human interaction and detailed walkthroughs, customer service is always there to assist.