Finance

How To Transfer Money From Virtual Card To Bank Account Quickly!

A virtual card to pay for goods and services, in-store or online, is convenient. Given the widespread use of prepaid cards, learning how to transfer money from a virtual card to a bank account is essential.

What Will We Talk About Here?
  • You can transfer money from virtual card to bank account by using the card’s information and your online bank account.
  • You can use the virtual card to make withdrawals at ATMs as well.
  • In order to get virtual card you have to Download card issuer’s app > Open online account > Provide 16- digit code > Complete application.

…and Much More!

How To Transfer Money From Virtual Card To Bank Account?

Moving money from your virtual card to your bank is possible! It works in the same way a physical card would.

Similar to traditional cards, the Visa virtual card has the following:

  • a card number 
  • an expiration date
  • security code. 

If your provider permits it, you should be capable of transferring funds to a bank account by logging into your online account. The procedure works similarly for sharing money from a virtual prepaid Mastercard to a bank account.

You might be interested in reading: How To Transfer Money From Visa Gift Card to Bank Account.

How To Transfer Money From Virtual Visa Card to PayPal

  1. Please tap on the My Profile option in the list of financial sources.
  2. Then click on the Update link.
  3. Then select the Enter PayPal Code link.
  4. Type the code from your Visa virtual card statements.
  5. Click on the Confirm code to complete the process of linking the two.
  6. Then, you can enter the amount you want to transfer and confirm the transaction.

You might be interested in reading: How To Quickly Buy Visa Gift Card With PayPal.

Transfer Money From Virtual Visa Card To Cash App

  1. Open your Cash App account on your phone.
  2. Then tap on the Balance tab and click the Add Cash option.
  3. Enter the amount you want to transfer from the Visa gift card.
  4. Tap the Add button and select the Visa gift card. You are done!

Can You Use a Virtual Card At An ATM 

The first thing you have to do is make sure you’ve added your qualifying virtual card to your phone’s mobile wallet app before using card-less ATM access.

  1. On your phone, go to your mobile wallet and select the virtual card of your choice.
  2. Click the ATM icon on your smartphone.
  3. Lastly, Enter the PIN.

Remember that you can transfer money from a virtual card to a bank account ATM for withdrawal, but this facility is only supported at some ATMs nationwide.

How To Get Money Off a Virtual Card At an ATM – Step By Step Guide

Easy instructions on using a virtual card to withdraw money from an ATM are as follows. You can review these to ensure your ATM withdrawals are quick next time.

  1. Log in to your mobile or online banking account.
  2. Select Card-less Cash Withdrawal from the ‘Banking’ menu (IMT)
  3. Select Self Withdrawal from the drop-down menu.
  4. Set a four-digit sender code that you like.
  5. Alternatively, you can scan your virtual code via the reader as well.
  6. Select withdrawal as the transaction type once the PIN has been accepted, and input the amount you want to withdraw.

How To Get A Virtual Card 

Applying for a virtual card is like obtaining a debit card. The process of getting a virtual card is explained below. Please note that you must have a credit card before applying for a virtual card.

  1. Go to your account settings for the card by providing the proper credentials.
  2. Download the card issuer’s mobile app.
  3. Begin by entering the 16-digit virtual credit card number in your online account.
  4. Complete the application process by following the prompts on the screen.

When you have all of the virtual card information, you may use it to make online transactions like you would with an actual card.

Fortunately, virtual cards are now available from most major card issuers, which you may add to your existing account quickly and effortlessly.

The Bottom Line 

Virtual cards function precisely like traditional bank cards; they reside in your phone’s digital wallet rather than your wallet.

They provide a safe and convenient way to pay online and in-store, owing to encryption. Moreover, withdrawing real cash from a virtual card through an ATM is just as easy!

You might be interested in reading: Transfer Money From EDD Card to Bank Account.

Frequently Asked Questions About How To Transfer Money From Virtual Card To Bank Account

How do you get money off a virtual Mastercard?

The easiest way to withdraw funds from a virtual Mastercard is to check if it can be used at an ATM. If you find an ATM that accepts the card, add the PIN and the amount to get money. If you can not use an ATM, link the card to another payment platform, such as Venmo or PayPal.

How do I transfer money from my digital wallet to my bank account?

To send money from a digital wallet to your bank account, open the Wallet app and enter the IBAN of the bank account and the amount you wish to send. Confirm the transaction.

To withdraw money from a bank, what information is required?

To withdraw money from a traditional bank, you will need your checking account’s debit card and a form of identification to show to the operator.

What is the procedure for transferring funds from my virtual Visa card?

Net banking, mobile banking, and ATMs are all options for accessing the transfer service. Enter the 16-digit Visa card number of the receiver and the amount you want to transfer. The funds are transferred to the recipient’s Visa credit, debit, or prepaid card.

Can I use my virtual card at an ATM? 

Yes. You are allowed to use the virtual card at an ATM to withdraw funds. The mobile app should let you cash out money from your account quickly.