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What is a bank transfer?
What is a bank transfer?
Updated over a month ago

A bank transfer is a method of sending money directly to a bank account. Pomelo supports bank transfers for sending money directly to some bank accounts in the Philippines, providing no transfer fees and a competitive exchange rate!

How it works:

  1. The sender provides the recipient's bank account details

  2. The recipient verifies their bank account details and identity

  3. The funds are deposited into the recipient’s account

  4. The bank transfer is complete 🎉

Banking services are provided by Coastal Community Bank, Member FDIC, and are subject to the terms of a Cardholder Agreement. The Pomelo Card is issued by Coastal Community Bank pursuant to a license from Mastercard International and may be used everywhere Mastercard is accepted. Pomelo, International Inc. is a technology services provider and administrator of the card program.

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