Do I need the other party's ID card to pay?

No, just the other party's account number and name. There are many ways to transfer money now, such as bank cash transfer, ATM transfer and online bank transfer. If it is a cash transfer, you need to take the money to the counter of the transferred bank, fill in the remittance slip, fill in the payee's bank account number and name on the remittance slip, and then sign the remittance slip. Then give the ID card, money and money order to the teller, and the other party will check whether the payee information is correct according to the account you filled in, and then remit the money to the other party's account.

I. Transfer:

Transferaccounts refer to the monetary settlement method in which the bank transfers money from the payment account to the collection account without using cash directly.

It is gradually developed with the development of the banking industry. When the settlement amount is large and the space distance is far away, it can be safer and faster to use transfer settlement. In modern society, most commodity transactions and monetary payments are carried out by means of transfer settlement.

2065438+On March 28th, 2009, the requirement of 24-hour receipt was cancelled and real-time receipt was implemented.

Second, the transfer method:

There are many ways of transfer settlement, which are mainly divided into two categories: settlement in the same city and settlement in different places. City settlement includes cheque settlement, payment authorization settlement, city collection and acceptance settlement, collection and non-acceptance settlement, limit cheque settlement, etc. Off-site settlement includes off-site collection and acceptance settlement, off-site entrusted collection settlement, exchange settlement, letter of credit settlement and limit settlement.

Third, the scope of application:

As a bank settlement method, transfer is widely used. Transfer settlement can be made between different places in the same city, between company accounts, between company accounts and personal accounts, and between personal accounts and personal accounts.

Fourth, delayed arrival:

On the morning of September 23rd, 20 16, six departments jointly issued the Notice on Preventing and Combating Telecommunication Network Fraud. According to the notice, from June 23, 20 16, 12, 1 year, if an individual transfers money to a different account through a bank ATM, the funds will arrive in the account 24 hours later.

The People's Bank of China issued the Notice on Strengthening the Management of Payment and Settlement to Prevent New Crimes in Telecommunication Networks, and comprehensively strengthened the management of account real-name registration system, bank card business and transfer. It is clear that since 20 16 12 1, individuals who transfer money through self-service teller machines can apply to the issuing bank for cancellation of the transfer within 24 hours after it is accepted by the issuing bank.

Bank of China has two remittance methods:

One is online remittance: the procedures must be consistent with the ID number and account number. It may also be to prevent risks, otherwise the account number must be wrong, not someone else's account.

The other is foreign exchange payment in the outlet area: just provide the payee's name, account number and remittance bank name. It usually takes 1-3 days to arrive. If you can't provide your ID number, ask the bank to remit it at the foreign currency exchange rate. You need to charge for post and telecommunications.

Remittance belongs to long-term remittance, which is a settlement method in which the debtor or payer deposits the money into the bank on his own initiative and entrusts the bank to pay a certain amount to the foreign creditor or payee by using some payment instrument. The amount returned between banks or across regions. Remittance includes letter transfer, wire transfer and money order.

The payee is the principal creditor of the bill. The payee has the right to demand payment from the payer. If payment is not made, the payee has the right to recover the amount of the bill from the drawer and other debtors on the bill.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 266 of the Criminal Law of People's Republic of China (PRC) defrauds public or private property, and if the amount is relatively large, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated.