What is Direct Bank Transfer?

Avery

Last Update a year ago

Direct Bank Transfer (DBT) is a type of bank-to-bank payment that moves money from one account to another. This is usually done online, but it can also be initiated over the phone or by physically visiting a bank branch. In most cases, these payments are initiated by the customer in response to an invoice sent by the business.

Was this article helpful?

0 out of 0 liked this article

Still need help? Message Us