How to Transfer Cash to Another Bank Account With e-Checks

Transfer cash without ever touching it.

You can send money many ways these days, and in most cases you never actually see the cash. E-checks are one of the methods for transferring funds from one account to another. They are used through online banks and money processing companies to pull money electronically from your account and send it somewhere else. The somewhere else depends on you.

Things You'll Need

• Internet access

Instructions

1. Open up your online account. This can be a Paypal, bank or other money processing account. Type in your user name and password.

2. Select the pay button on the item that needs to be paid for in Paypal. This isn't an issue with banks.

3. Select send money or write a check.

4. Fill out the information on the screen. This will include the amount you want to send and the date you want it to be written.

5. Select whom you want the money sent to. This can be to someone that you owe money, such as a vendor or another account of your own. With a bank electronic check, you can set up new payee information by selecting the payee maintenance option and filling in the information, such as name, address and account number. With Paypal, if the money is being sent to someone with a Paypal account, it will transfer to their account. Banks will create an electronic check and pull the money out of your account and send it to the payee for you.

6. Click "OK" to review the process.

7. Click submit to send the money.

References

• Dummies: The eCheck's in the E-Mail