All customers of IOB can use their online fund transfer service. The online IOB transfer money service helps customers of the bank to transfer money from their account to anyone in India. IOB fund transfer service works on mobile phones so that you can easily transfer money from your account to beneficiary’s account in real-time.
Online IOB transfer money service saves you a lot of time as you don’t have to write a cheque and money can be transferred online. As the entire transfer process works online, you don’t have to submit cheque to beneficiary and they will receive credit in their bank account in real-time. Using IOB fund transfer service is extremely simple. Just download our app and register your IOB accounts. After that you can generate a secure banking PIN and use it to transfer funds to anyone in India from your Indian Overseas Bank accounts.
Online fund transfer service by IOB also lets you transfer funds without adding beneficiaries so that you save time and can transfer money as and when required. All transactions performed via our app are 100% safe and secure. IOB will send you an SMS as soon as the transaction is processed. Similarly, the beneficiary will receive an SMS from their bank confirming the credit.