Accounts and billing » Banking » Bank to Bank Transfer

Bank to Bank Transfer

Bank to Bank Transfer allows you to move money from one bank to another without affecting client ledgers, e.g. moving monies from the general client account to an overnight account.

A bank to bank transfer has to be between like banks e.g. office to office

• Date: This defaults to today’s date. Enter as appropriate

• Description: This defaults to Bank Transfer. Amend as necessary

• Reference: This is the information you will see on your bank reconciliation.

• Transfer from: Select the relevant bank from the drop down list.

• Branch From: Select the branch from the drop down list. Transfer to: Select the bank you wish to credit.

• Branch to: Select the relevant branch from the drop down list.

• Amount: Enter the amount as applicable.

• Financial Info, this will be updated to reflect the transfer prior to saving.

Note: This transfer can only be used within office to office or client to client bank transfers.