Easypaisa, a branchless banking service launched by Telenor Pakistan, is revolutionizing the way we handle money. It allows users to deposit, withdraw, transfer funds, and pay bills without the need for a traditional bank. This convenience, coupled with its secure platform, makes Easypaisa a popular choice for many Pakistanis.
How to transfer money from Easypaisa to a bank account
Understanding how to transfer money from Easypaisa to your bank account is crucial. Perhaps you received funds in your Easypaisa account that you prefer to have in your bank account. Or maybe you just want to enjoy the flexibility of having your funds in multiple places. Either way, this guide will show you how to make that transfer hassle-free.
How to Transfer Money from Easypaisa to Bank Account without App
Step 1: Dial the Easypaisa USSD code
The first step in making a transfer without the Easypaisa app is to dial the USSD code, *786# from your phone. This will prompt a menu to appear on your screen. Don’t worry; it’s all in English and very user-friendly.
Step 2: Select the option to transfer funds to a bank account
After dialing the USSD code, navigate through the menu options by entering the corresponding number for ‘Transfer Money.’ Then select ‘To Bank Account.’ This will lead you to the next step of the process.
Step 3: Enter the recipient’s bank account details
You will be prompted to enter the recipient’s bank account details, including their bank name and account number. Make sure to double-check these details as any errors could cause the transfer to fail or worse, send your hard-earned money to a stranger!
Step 4: Confirm the transaction and enter your Easypaisa PIN
Once you have entered all the required information, you will be asked to confirm the transaction. At this point, you will need to input your Easypaisa PIN. Remember, never share this PIN with anyone. After entering your PIN, your transfer will be processed, and you’ll receive a confirmation message.
How to Transfer Money from Easypaisa to Bank Account via SMS
Step 1: Compose a new SMS
If you prefer a text-based method, Easypaisa has got you covered. Start by composing a new SMS on your mobile phone. Make sure you have sufficient balance for the SMS charges.
Step 2: Enter the recipient’s bank account details
In the text, you should include the recipient’s bank name, account number, and the amount you wish to transfer. Ensure that all information is accurate to avoid any complications.
Step 3: Send the SMS to the designated Easypaisa number
Once your SMS is ready, send it to the designated Easypaisa number. Ensure that you have entered the correct number before sending the message.
Step 4: Confirm the transaction and enter your Easypaisa PIN when prompted
You’ll receive a call from Easypaisa for transaction confirmation. During this call, you’ll also be asked to provide your Easypaisa PIN. Keep it handy but secure!
How to Transfer Money from Easypaisa to Bank Account Using Online Banking
Step 1: Log in to your Easypaisa online banking account
If you prefer using a computer, you can use Easypaisa’s online banking platform. Start by logging into your Easypaisa account through their official website.
Step 2: Select the option to transfer funds to a bank account
Once logged in, navigate to the ‘Transfer Money’ section and select the ‘To Bank Account’ option.
Step 3: Enter the recipient’s bank account details
As with the other methods, you’ll need to input the recipient’s bank name and account number. Be sure to double-check these details for accuracy.
Step 4: Confirm the transaction and enter your Easypaisa PIN or password
After entering all necessary details, you’ll need to confirm the transaction. You may be asked to enter your Easypaisa PIN or password, so have it ready. Once confirmed, you’ll receive a notification of the successful transfer.
Money Transfer from Easypaisa to Bank Account Charges
Charges associated with transferring money from Easypaisa to a bank account
While Easypaisa offers convenience, there are charges associated with transferring money to a bank account. These charges vary depending on the amount transferred. It’s important to familiarize yourself with these charges to avoid any unpleasant surprises.
Explanation of any additional fees or taxes that may apply
Besides the transfer charges, certain transactions may attract additional fees or taxes as per local regulations. Always check the latest fee structure on the official Easypaisa website or contact their customer service for accurate information.
Conclusion
Transferring money from Easypaisa to a bank account doesn’t have to be daunting. Whether you prefer USSD codes, SMS, or using the online platform, each method is detailed in this guide. Remember to always double-check the recipient’s details and keep your Easypaisa PIN secure. Happy transferring!
