pay-pro Cashier
Bank Transfer Frequently Asked Questions

  • 1 » What is a Bank Transfer?
  • 2 » What is the difference between a Bank Transfer and a Bank Wire Transfer?
  • 3 » How do I send a Bank Transfer?
  • 4 » How long does it take before you will credit the money to my PartyAccount?
  • 5 » Are there any transfer fees associated with a Bank Transfer?
  • 6 » Can I Cash out using Bank Transfer?

1.

What is a Bank Transfer?

 


A Bank Transfer is a transfer of funds from one bank account to another locally. In most cases, you will need to go to your bank and authorize the bank transfer or authorize your bank to initiate the transfer.

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2.

What is the difference between a Bank Transfer and a Bank Wire Transfer?

 

A Bank Transfer is a transfer of funds from one domestic bank to another whereas a Bank Wire transfer is a transfer of funds from one international bank to another. A Bank Transfer is much quicker than the Bank Wire Transfer.

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3.

How do I send a Bank Transfer?

 


Please follow the steps below to send a Bank Transfer:

  1. Log in to your PartyAccount.
  2. Click on the 'Cashier' and select 'Deposit'.
  3. Go to the 'Bank Transfer' deposit option and click 'Deposit Now'.
  4. Enter your deposit amount and a bonus code (if you have one).
  5. On the next screen, you will see the Payee Information and 'Purpose of Reference; please provide all these details to your bank.
  6. A unique reference ID will be created; please record this and request that your bank uses this as a reference for the Bank Transfer as this will allow us to locate your transfer quicker.
  7. Click 'Confirm' to register the deposit in our system.
  8. Go to your bank or log in to your online banking account; request a Bank Transfer using the information you obtained in Step 5 with the same deposit amount. Please make sure that you mention the 'Purpose of Reference'.

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4.

How long does it take before you will credit the money to my PartyAccount?

 


Funds will be posted to your PartyAccount as soon as the Bank Transfer has cleared and been credited to our account. This may take from one to two business days, depending on the processing time at your bank.

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5.

Are there any transfer fees associated with a Bank Transfer?

 


We do not charge for a Bank Transfer. However, please check with your bank or financial institution to find out if they charge a fee for this transfer.

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6.

Can I Cash out using Bank Transfer?

 

Currently, we do not offer Cash out using a Bank Transfer. If you would like to Cash out, please use the Bank Wire Transfer option at the cashier.

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