What is the difference between a bank transfer and a bank deposit ?
Did you know that it is now possible to top up your PaySika account either by bank transfer or by cash deposit? Oh yes!!!
However, as you might imagine, these two features differ in certain ways as follows:
Bank transfer to PaySika allows you to deposit money into your account through your traditional mobile banking app. On the other hand, cash deposit is for users who prefer to visit a bank branch to deposit cash directly into their PaySika account.
At PaySika, bank transfers are done exclusively online. The procedure is well detailed in this article. Cash deposits, on the other hand, are done at authorized bank branches. Find more details in this article.
Although there are noticeable differences, both bank transfers and cash deposits share some similarities:
They provide users with simple ways to transfer funds and manage finances transparently.
They are carried out through specific authorized bank branches. Find the list of authorized banks for these operations in this article.
For any additional questions or assistance, feel free to contact us. We are here to help you make the most of your PaySika experience.
See you soon for more discoveries!
You might be interested in: https://aide.paysika.co/en/article/how-can-i-make-a-deposit-into-my-paysika-account-by-bank-transfer-j3565c/
However, as you might imagine, these two features differ in certain ways as follows:
Bank transfer to PaySika allows you to deposit money into your account through your traditional mobile banking app. On the other hand, cash deposit is for users who prefer to visit a bank branch to deposit cash directly into their PaySika account.
At PaySika, bank transfers are done exclusively online. The procedure is well detailed in this article. Cash deposits, on the other hand, are done at authorized bank branches. Find more details in this article.
Although there are noticeable differences, both bank transfers and cash deposits share some similarities:
They provide users with simple ways to transfer funds and manage finances transparently.
They are carried out through specific authorized bank branches. Find the list of authorized banks for these operations in this article.
For any additional questions or assistance, feel free to contact us. We are here to help you make the most of your PaySika experience.
See you soon for more discoveries!
You might be interested in: https://aide.paysika.co/en/article/how-can-i-make-a-deposit-into-my-paysika-account-by-bank-transfer-j3565c/
Updated on: 21/04/2025
Thank you!