
Withdrawing money from a bank account is easily accomplished--if you have the legal right to access the account. Withdrawals can be made in a variety of ways, including through in-person bank visits and electronic transactions. You can also legally withdraw money from someone else's account with a court order.
Make ATM Withdrawals
Get Cash Back With Purchases
Wire Money Electronically
Make an Online Transfer
You can transfer money over the Internet using your online banking account. Log onto the system and click on "Transfer Money" or a similar tab. Follow the prompts to indicate how much money you want sent from your account and where. Provide the receiving account's routing number and account number when prompted.
Withdraw From Another Account
If you win a lawsuit against another party in a civil case you may be awarded a judgment. A judgment may grant you the right to withdraw money from the other person's bank account through a procedure called garnishment. A court order signed by the judge is necessary for garnishment.
References
- Consumer Financial Protection Bureau: Can a Debt Collector Garnish My Bank Account or My Wages?
- Bank of America: FAQs: Wire Transfers
- Wells Fargo: Transfers
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- Alabama State Legislature. "Alabama Code Title 26. Infants and Incompetents. S26-1-1." Accessed June 22, 2020.
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- Comptroller of the Currency, Administrator of National Banks. "Depository Services," Page 54. Accessed June 19, 2020.
- Federal Deposit Insurance Corporation. "Expedited Funds Availability Act," Page VI-1.1, VI-1.6. Accessed June 19, 2020.
- Federal Deposit Insurance Corporation. "Expedited Funds Availability Act," Page VI-1.6. Accessed June 19, 2020.
- Federal Deposit Insurance Corporation. "Expedited Funds Availability Act," Page VI-1.3. Accessed June 19, 2020.
- Office of the Comptroller of Currency. "My employer pays me via direct deposit. When are those funds required to be available?" Accessed June 19, 2020.
- Federal Deposit Insurance Corporation. "FDIC: Weekly National Rates and Rate Caps -- Weekly Update." Accessed June 19, 2020.
- JPMorgan Chase. "Chase Savings Interest Rates." Accessed July 2, 2020.
- Federal Deposit Insurance Corporation. "Insured or Not Insured?" Accessed June 19, 2020.
- Federal Deposit Insurance Corporation. "FDIC Statistics at a Glance." Accessed June 19, 2020.
- Federal Deposit Insurance Corporation. "Weekly National Rates and Rate Caps." Accessed June 22, 2020.
- Federal Deposit Insurance Corporation. "When a Bank Fails -- Facts for Depositors, Creditors, and Borrowers." Accessed June 22, 2020.
- Federal Deposit Insurance Corporation. "What We Do." Accessed June 22, 2020.
- Federal Deposit Insurance Corporation. "Basic FDIC Insurance Coverage Permanently Increased to $250,000 Per Depositor." Accessed June 22, 2020.
Writer Bio
Robert Lee has been an entrepreneur and writer with a background in starting small businesses since 1974. He has written for various websites and for several daily and community newspapers on a wide variety of topics, including business, the Internet economy and more. He studied English in college and earned a Bachelor of Arts in liberal arts from Governor's State University.