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How soon can the other party receive the information from the ATM?
Transfer means that 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.
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.
References:
Baidu Encyclopedia-Transfer
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