> ## Documentation Index
> Fetch the complete documentation index at: https://doc.withedge.co/llms.txt
> Use this file to discover all available pages before exploring further.

# Overview

> The Transfer Services API enables seamless money transfers between accounts within the same bank or to accounts in other banks.

## How Does It Work?

<ol>
  <li>
    Initiating a Transfer Request: To start a transfer, you need to specify the
    account you want to send money from, the account you want to send money to,
    and the amount you wish to transfer. You can also add a short note to
    explain the reason for the transfer.
  </li>

  <li>
    Validate a Transfer Request: Once you've initiated a transfer request,the
    owner of the source account is required to provide the OTP sent to his/her
    phone number in order to validate the transaction.
  </li>

  <li>
    Checking Transfer Status: After a transaction has been successfully
    validated, you can check to see if it's been completed. The status will let
    you know if the transfer is still processing, if it's been completed
    successfully, or if there was an issue.
  </li>
</ol>

## Common Questions

<ul>
  <li>
    **How Much Can I Transfer?** The amount you can transfer depends on your
    daily limit on your account and the customer kyc tier
  </li>

  <li>
    **How Long Does It Take?** Transfers within the same bank are typically
    processed instantly, while interbank transfers usually take at least an
    hour.
  </li>
</ul>

## Tips for Using the Service

* Keep Track of Your Transfers: Always note the transaction
  ID you receive after initiating a transfer. It helps in tracking and confirming your
  transaction.
* Double-Check Details: Before you confirm a transfer, make sure all the
  details, like account numbers and amounts, are correct to avoid errors.
* Understand Your Limits: Be aware of any daily limits on how much you can transfer.