> For the complete documentation index, see [llms.txt](https://docs.hyperswitch.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hyperswitch.io/other-features/payment-orchestration/quickstart/payment-methods-setup/banks/bank-transfers.md). # Bank Transfers {% hint style="info" %} Bank transfers allow customers to push funds from their bank account to the merchant's. {% endhint %} Bank Transfers are a popular way of transmitting money between different bank accounts and they are popular in US, EU and few Asian and LATAM countries. They are primarily used by businesses for accepting large payments from other businesses. Bank transfers are also used by consumers in certain countries as a preferred method for transferring money to others and while transacting online. ### Payment Flow in Bank Transfers 1. Customers select a Bank Transfer method on your checkout page 2. You request Juspay Hyperswitch to initiate a Bank Transfer payment 3. Hyperswitch connects to one of your preferred payment processors for Bank transfers to initiate Bank transfer. Then, Hyperswitch shares the processor's response which contains Virtual bank account details and instructions for the customers to transfer money and complete the payment 4. Customers instruct their bank through in-person visit/phone/website/app to transfer money to the account number mentioned in the instructions in the above step. It takes up to 5 days for the transaction to be settled 5. After the customer's bank transfers the money, the processor notifies Hyperswitch of the transaction's status, following which Hyperswitch notifies your server through Webhooks. Hyperswitch supports the following Bank Transfers: * ACH Bank Transfer in US * SEPA Bank Transfer in EU * BACS Bank Transfer in UK * Multibanco in EU (Portugal) * All Indonesian bank transfers --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.hyperswitch.io/other-features/payment-orchestration/quickstart/payment-methods-setup/banks/bank-transfers.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.