Can you explain what a debit card transfer is and how it works?

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1023849

2026-03-12 05:35

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A debit card transfer is when money is moved from one bank account to another using a debit card. This can be done at an ATM, online, or in person at a bank. The cardholder enters the amount to transfer and the receiving account information, and the money is deducted from the sender's account and deposited into the recipient's account.

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