How To Transfer OYO Money To Bank Account

Transfer OYO Money To Bank Account

OYO Money is a digital wallet provided by , a popular hospitality company. It allows users to conveniently make payments for hotel bookings, food orders, and other services offered by oyo. While oyo money is primarily designed for transactions within the oyo ecosystem, there are ways to transfer oyo money to a bank account.

Transferring oyo Money to a bank account involves converting the digital currency in your oyo Money wallet into real money that can be withdrawn or used outside of the oyo platform. This process allows you to access and utilize your OYO Money funds for other purposes beyond oyo services.

However, it’s important to note that the specific method and availability of transferring oyo money to a bank account may vary depending on the country and the policies implemented by oyo. It’s recommended to check with oyo’s customer support or visit their official website or app for the most accurate and up-to-date information on how to transfer oyo Money to a bank account in your specific region.

How To Transfer OYO Money To Bank Account

Step: 1

Open the OYO app

Launch the OYO app on your mobile device. Make sure you are logged in with the account that contains the OYO money you want to transfer.

Step: 2

Navigate to the wallet section

Look for the wallet or payment section within the app. This may be located in the account settings or profile section, or there may be a separate wallet icon on the app’s main screen.

Step: 3

Link your bank account

In the wallet section, you should find an option to link your bank account. Tap on it and follow the instructions to provide the necessary details, such as your bank account number, account holder name, and IFSC code. This step is necessary to enable the transfer of funds from your OYO wallet to your bank account.

Step: 4

Verify your bank account

OYO may require you to verify your bank account to ensure its authenticity. This verification process may involve submitting additional details or providing a photo or scan of your ID proof or bank statement. Follow the instructions provided by OYO to complete the verification process.

Step: 5

Transfer OYO money to your bank account

Once your bank account is linked and verified, you should see an option to transfer funds from your OYO wallet to your bank account. Enter the amount you want to transfer and confirm the transaction.

The funds should be transferred to your bank account within a few business days, depending on the processing time of OYO’s payment system.

If you encounter any difficulties during this process, it’s best to reach out to OYO customer support for further assistance. They will be able to provide you with specific guidance based on the current features and functionality of the OYO app.






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