Visa Money Transfer (VMT) is a facility through which you can transfer funds to any Visa card (Debit/Credit) card issued in India. Following channels are available for funds transfer using VMT:

• ATM – Maximum daily transfer limit INR 49,999/- (Rupees forty nine thousand nine hundred ninety nine only).
• Hello Money (Mobile Banking) – Maximum daily transfer limit INR 50,000/- (Rupees fifty thousand only).
• Online Banking (Internet Banking) – Daily transfer limit INR 1,00,000/- (Rupees one lakh only).This is inclusive of Bill payment limit on Online Banking

(I) VISA Money Transfer through ATMs:

To transfer funds, the sender simply needs to enter the following details in the relevant screen on our ATMs.

• 16-digit VISA Card number of the beneficiary
  • Credit Card, or
  • Debit Card
• Amount to be transferred in INR

You can authorize the debit in account through the 4 digit PIN of debit card.

(II) VISA Money Transfer through Mobile Banking:

The Process to access the service & transfer funds using the VMT service through Mobile Banking would be as under:

• The customer will select the Funds Transfer option from Main Menu which will appear on his/her mobile handset if he/she is a registered Mobile banking customer.
• Customer will then select ‘Visa Money Transfer’ option.
• To authenticate the transaction, customer will have to enter the PIN (which would have been provided to him via SMS).
• In case customer has multiple accounts registered for mobile banking, then the appropriate account is selected by the customer to conduct the transaction.
• The customer then enters the 16 digit visa debit /credit card number to which money is to be credited.
• The amount to be transferred is entered and then customer enters the same PIN again and confirms the VMT transfer.
• The funds would be debited from the user’s account instantaneously.

Note: You can also register a beneficiary for the Visa Money Transfer through your Mobile Number through the relevant screen of Mobile Banking. This would save the Visa Card number of the registered beneficiary on your Mobile Banking for future transfers.

(III) VISA Money Transfer through Online Banking:

Visa Money Transfer (VMT) services is available under Payments and Transferred services on Online Banking. Visa Money Transfer (VMT) is added as biller under Bill Payment & Visa Money Transfer option, customer will have to follow below steps to initiate VMT transaction –

Step 1 – Login to Barclays Online Banking, using user id, login password and secret answer.

Step 2 – Select Payment and Transfer option

Step 3 – Selecting Bill payment and Visa Money transfer under Payment and Transfer option

Step 4 – Selecting VMT services and enter 16 digit Visa beneficiary card number and amount not exceeding the combine bill payment limits of INR 49,999/-(Rupees forty nine thousand nine hundred ninety nine only).

Step 5 – Entering transaction password and confirming the transaction.

Features of VMT –

• Transfer funds from Barclays account to any Visa Debit card within India
• Pay Credit card bill of any Visa Credit card within India
• Funds will be transferred to beneficiary’s Visa Card account within 2 working days using the Visa system
• No separate registration is required to use this service