Transfer Money In addition to withdrawing money from and/or depositing money into your bank account through an ATM, many banks also offer the convenient feature of transferring money via an ATM. All you need is more than one bank account with the same financial institution that offers ATM transfers, an ATM card with that bank and a PIN. Banks allows you to transfer money between your accounts, which are linked to your ATM/Debit card. More than 10 accounts can be linked to a card. The limits vary from bank to bank.