How to Transfer Funds From your Cooperative and Microfinance Account to Bank Accounts using mDabali?

With mobile banking software like mDabali, Cooperative and Microfinance Institutions can provide Internal and External Fund transfer to their customers. External fund transfer allows the customers of Cooperatives and Microfinance institutions to transfer funds from their Cooperative or Microfinance accounts to their bank accounts.

 

Customers of Cooperative and Microfinance Institutions that are using mDabali for their mobile banking application can easily transfer their funds from their accounts to other bank accounts. Similarly, customers of other banks can also transfer funds from their accounts to Cooperative and Microfinance accounts.

 

Steps to Transfer Money from Cooperative and Microfinance accounts to Bank Accounts

• Select the “Transfer” icon from home page 
• Select “Institution to Bank”. 
• Choose your desired beneficiary bank. 
• Select the method (A/c No. or Mobile No.) you want to transfer the fund with. 
• Enter the Account number and Account Name in which you want to transfer the fund. 
• Enter amount, propose and Remarks of the transfer and click on proceed. 
• Verify the details and click on “Transfer”, then use your PIN No/Fingerprint/Face ID to make payment. 

 

mDabali: Mobile Banking Platform for Cooperatives and Microfinance

mDabali is a mobile banking platform developed by InfoDevelopers Pvt. Ltd. for Cooperatives and Microfinance Institutions in Nepal. With mDabali Platform, cooperatives and microfinance institutions in Nepal can provide mobile banking services to its customers at a very low cost. The mDabali platform can be white labeled according to the Cooperatives and Microfinance that subscribe to it. Currently, more than 300 Cooperatives and Microfinances  in Nepal are using mDabali mobile banking platform.

 

So, if your cooperative or microfinance is looking forward to providing mobile banking services to its customers, you can always contact us. Get more details on mDabali here.