How Does Person To Person Pay Work?

How do I send money to someone’s bank account?

Deposit cash at the bank.

The most basic way to move money into someone else’s account is to walk into the bank and tell the teller you’d like to deposit cash.

Transfer money electronically.

Write a check.

Send a money order.

Send a cashier’s check.

Make a wire transfer..

How long does person to person pay take?

First-time external funds transfer users must enroll. Funds are transferred within approximately two to three business days once bank information of the payee is verified.

What is a person to person transfer?

A person to person transfer (P2P) allows you to send money to almost anyone, anywhere using only their email address or a mobile number. … Send money to the recipient’s email address or mobile phone number. They will receive notification of the payment.

How does Peoples Bank person to person work?

Enter the recipient’s mobile phone number or email address. Recipients do not need to be a People’s United Bank customer or enrolled in Person-2-Person Pay. The recipient will receive a text message or email with instructions on how to claim the payment. Funds can be claimed by bank account or with a debit card.

How do I receive money from someone’s salary?

To receive money, log in to your Online or Mobile Banking account to claim your funds. Recipients have 14 days to claim the money or the transfer will be cancelled.

How can I send money to a person?

How to send money online, on mobile or in personVenmo: Best rated for mobile.Zelle: Fastest for domestic transfers (tie with Google Pay).Google Pay: Fastest for domestic transfers (tie with Zelle).PayPal: Most popular online.Walmart-2-Walmart: Best for nonbank transfers.More items…