Is it possible to transfer my salary to another bank? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Is it possible to transfer my salary to another bank?

Asked by Banky team 2 months ago 2 views
Banky team Reviewed editorial answer

Transferring your salary to another bank depends first on your employer and their payroll system, and then on any existing obligations with your current bank.

Ask HR if the new bank is among the available options, and check with your current bank to see if you have a loan or credit facility that requires salary transfer.

Don't stop the transfer on your own before arranging to settle your obligations, otherwise, the administrative change could turn into a credit issue.

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