Yes, both peers and banks can transfer money. This is one of the basic functions. \x0d\ Debit card function: \x0d\ 1. Cash deposit and withdrawal: Debit cards have many savings functions such as local and foreign currency, fixed deposit and current deposit. Debit cards can deposit and withdraw money at card-issuing bank outlets and self-service banks, and can also withdraw money from ATMs in China and even the world. \x0d\2。 Transfer and remittance: cardholders can transfer or remit money to other accounts through bank outlets, online banking and self-service banking; \x0d\3。 Credit card consumption: cardholders can use debit cards to spend in merchants; \x0d\4。 Collect and pay on behalf of others: Debit cards can be used to pay wages and pay various fees (such as communication fee, water fee, electricity fee and gas fee, etc.). ); \x0d\5。 Asset management: wealth management products, open-end funds, insurance, personal foreign exchange transactions and precious metal transactions can be signed, traded and settled by debit cards; \x0d\6。 Other services: Many bank debit card services have extended beyond financial services, such as providing airport VIP access and medical and health services for cardholders.