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Special Bank Transfer with no clearing time?

  • 18-12-2010 7:40pm
    #1
    lucernarian
    Registered Users, Registered Users 2 Posts: 9,235 ✭✭✭


    A friend recently described a type of transfer to me which allowed him to transfer money from one account to another, in a different bank, instantaneously with no delay. His aunt, a bank manager of an Ulster bank branch, apparently described this transfer to him. When he used it, it took them some time in the bank as the cashier didn't know what he ment and needed a supervisor to process the transfer. But it worked, he said.

    Possibly called a "single branch transfer"?

    Now I need to transfer money to an account before 23rd December so I was hoping to use this to transfer money. As I said, I forget exactly what exactly he called it. I'm not sure what I should ask for. My account is with AIB.

    Any help please?!


Comments

  • #2
    stepbar
    Closed Accounts Posts: 6,123 ✭✭✭stepbar


    SDMT - Same Day Money Transfer. This is what you're talking about.


  • #3
    lucernarian
    Registered Users, Registered Users 2 Posts: 9,235 ✭✭✭lucernarian


    stepbar wrote: »
    SDMT - Same Day Money Transfer. This is what you're talking about.
    Thank you very much sir! How do I arrange this? Just go up to the cashier and ask?

    And is there an extra charge for using it? I'm hoping to transfer a few hundred euro.


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