Write down test cases for money transfer from one account to another account

Question

Accepted Answer

Test cases for money transfer from one account to another account

Verify that the correct amount is deducted from the sender's account
Verify that the correct amount is credited to the receiver's account
Verify that the transaction is recorded in the transaction history of both accounts
Verify that the transaction is not processed if the sender's account balance is insufficient
Verify that the transaction is not processed if the receiver's account is inactive or closed

Accepted Answer

The Test cases would be like this :
Check for validation of User Authentication.
Check for validation of debiting the User account and Crediting into other party account(Fund transfer for both Local Currency and FOREX)
Check for Validation if Wrong account number is Entered and Process for Transfer of Funds.

Write down test cases for money transfer from one account to another account

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