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It depends on the country. In Australia, it's quite common to give people your bank account number so that they can deposit money to it. Most commercial paymen
by solresol 8y ago
It depends on the country.
In Australia, it's quite common to give people your bank account number so that they can deposit money to it. Most commercial payments (company to company) work like that.
Previously if this was bank-to-bank it would clear over night, but now real-time (clearing within a minute) is available some of the time for some bank pairs: https://www.commbank.com.au/corporate/real-time.html https://www.commbank.com.au/corporate/real-time.html
- cynix 8y agoOP seems to be asking about whether it's possible, as a 3rd party, to transfer money from person A's account to person B's (with A's consent).