How to Transfer Money Using the ATM

A young woman using the ATM.
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At an Automated Teller Machine (ATM), you can only transfer funds between your accounts linked to a single debit card or ATM card. You can't transfer funds between unlinked bank accounts, between different banks, to a credit card, to another person's account or to pay bills. Although all ATMs vary slightly, the general process is the same for all ATM transfers.


Step 1

Visit an ATM. You don't necessarily have to visit your bank's ATM to transfer money. However, some banks charge fees for using another bank's ATM. In addition to your bank's fee, the ATM's financial institution might also charge a usage fee range of around $2 to $3 for non-account holders.

Step 2

Insert your ATM card. Follow the prompts to verify you are the account holder. You typically need to select a language and enter the card's Personal Identification Number (PIN).


Step 3

Select the option "Transfer Funds" or a similar entry. Any accounts associated with that debit or ATM card will be displayed.

Step 4

Choose the account you want to transfer money from and the account you want to transfer to. Review to ensure you've selected the correct accounts.

Step 5

Confirm the amount is correct and accept any usage fees you may incur for the transaction to proceed. Select complete to finalize the transfer.

Step 6

Take the receipt and maintain it for your records. You can also view the new balance directly on the ATM screen.


Make sure you have your debit or ATM card when the transaction is completed. Depending on the ATM, you might need to remove your card after entering your PIN. Other ATMs don't release the card until the transaction is complete.