OREANDA-NEWS.  January 11, 2013. BC „Moldindconbank” S.A. has implemented a new service – instant transfers from card-to-card at ATMs, reported the press-centre of Moldindconbank. 

Now, following only a few easy steps you can transfer money to a friend, a relative or pay your credit card debts.

GENERAL DESCRIPTION OF THE SERVICE
Using an ATM, you can transfer money from card to card.

To access this service, select in the ATM’s menu the "Funds transfer" option, indicate the recipient card number and the amount of money to be transferred.

CONDITIONS OF SERVICE
The transfer can be made:

at any of the Moldindconbank‘s ATMs

only between cards issued by Moldindconbank to individuals

only from VISA or VISA Electron cards (there are technical limitations). The recipient card, on the other hand, can be of any brand

only in MDL. If the card account of the payer and/or recipient is in foreign currency, the system will automatically convert the transferred amount of money in the required currency at the bank’s commercial exchange rate.

The service is free of charges.

Daily limit of the amount transferred from each card is:

VISA Electron – 500 EUR

VISA Classic – 700 EUR

VISA Gold – 1.000 EUR

TRANSFERS’ PROCESSING TIMES

Transferred amount becomes available to the receiver immediately.

At the same time, the information regarding the transfer is recorded in the accounting system of the bank the next business day after the transfer was processed (transfers made until 16:30 will be processed the same business day, and those made after 16:30 – on the next day). This is the actual moment when the current account of the payer is debited and the account of the recipient is credited with the transferred amount. Note: If you transfer funds to a credit card in order to pay credit and related debts, the payment will be recorder the next business day after the transfer was processed.