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Home > Personal Banking > Services > Visa Money Transfer

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Q.	What is Visa Money Transfer service? [VMT]
Q.	How to access the Visa Money Transfer service?
Q.	Where can I transfer funds?
Q.	Can I pay my Visa credit card bills using Visa Money Transfer?
Q.	Can I pay my MasterCard credit card bills using Visa Money Transfer?
Q.	How long does it take to credit funds to the beneficiary?
Q.	Do I need to register for this service?
Q.	What details do I need to know about the beneficiary to use the service?
Q.	Will I be charged for using the facility?
Q.	Is there any per day limit to transfer funds?
Q.	Can the transfer once initiated be modified/stopped?
Q.	Can a credit card be used to transfer funds through VMT?

Q.	What is Visa Money Transfer service?
	Visa Money Transfer allows you to transfer funds from our existing Standard Chartered Bank account to any Visa Card (debit or credit) within India
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Q.	How to access the Visa Money Transfer service?
	To access this service, just log on to Net banking.
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Q.	Where can I transfer funds?
	You can transfer funds to any VISA debit or credit card across India.
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Q.	Can I pay my Visa credit card bills using Visa Money Transfer?
	Yes, you can pay your Visa credit card bills using Visa Money Transfer. Just enter the card number that you wish to make payments for, in the beneficiary card details
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Q.	Can I pay my MasterCard credit card bills using Visa Money Transfer?
	No, you cannot pay your MasterCard credit card bills using Visa Money Transfer.
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Q.	How long does it take to credit funds to the beneficiary?
	Credit should happen within 3-4 working days after receipt of the request.
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Q.	Do I need to register for this service?
	No, there is no separate registration to use the service.
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Q.	What details do I need to know about the beneficiary to use the service?
	You only need to know the beneficiary's 16 digit credit or debit card number.
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Q.	Will I be charged for using the facility?
	Currently there are no charges levied on this service.
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Q.	Is there any per day limit to transfer funds?
	Yes, there is a minimum limit of Rs. 100/- & maximum of Rs.100,000/- per transfer.
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Q.	Can the transfer once initiated be modified/stopped?
	No, Once the transfer has been initiated neither can it be stopped nor can the beneficiary details or transfer amount be changed.
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Q.	Can a credit card be used to transfer funds through VMT?
	No, only Resident Bank Accounts can be used to transfer funds.

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