diff --git a/post/transfer.php b/post/transfer.php
index c0cca906..69321462 100644
--- a/post/transfer.php
+++ b/post/transfer.php
@@ -15,7 +15,7 @@ if (isset($_POST['add_transfer'])) {
     mysqli_query($mysqli,"INSERT INTO revenues SET revenue_date = '$date', revenue_amount = $amount, revenue_currency_code = '$session_company_currency', revenue_account_id = $account_to, revenue_category_id = 0");
     $revenue_id = mysqli_insert_id($mysqli);
 
-    mysqli_query($mysqli,"INSERT INTO transfers SET transfer_expense_id = $expense_id, transfer_revenue_id = $revenue_id, transfer_notes = '$notes'");
+    mysqli_query($mysqli,"INSERT INTO transfers SET transfer_expense_id = $expense_id, transfer_revenue_id = $revenue_id, transfer_method = '$transfer_method', transfer_notes = '$notes'");
 
     //Logging
     mysqli_query($mysqli,"INSERT INTO logs SET log_type = 'Transfer', log_action = 'Create', log_description = '$date - $amount', log_ip = '$session_ip', log_user_agent = '$session_user_agent', log_user_id = $session_user_id");
@@ -39,7 +39,7 @@ if (isset($_POST['edit_transfer'])) {
 
     mysqli_query($mysqli,"UPDATE revenues SET revenue_date = '$date', revenue_amount = $amount, revenue_account_id = $account_to WHERE revenue_id = $revenue_id");
 
-    mysqli_query($mysqli,"UPDATE transfers SET transfer_notes = '$notes' WHERE transfer_id = $transfer_id");
+    mysqli_query($mysqli,"UPDATE transfers SET transfer_method = '$transfer_method', transfer_notes = '$notes' WHERE transfer_id = $transfer_id");
 
     //Logging
     mysqli_query($mysqli,"INSERT INTO logs SET log_type = 'Transfer', log_action = 'Modifed', log_description = '$date - $amount', log_ip = '$session_ip', log_user_agent = '$session_user_agent', log_user_id = $session_user_id");
@@ -72,4 +72,3 @@ if (isset($_GET['delete_transfer'])) {
     header("Location: " . $_SERVER["HTTP_REFERER"]);
 
 }
-
diff --git a/post/transfer_model.php b/post/transfer_model.php
index d787045a..9c6b4e19 100644
--- a/post/transfer_model.php
+++ b/post/transfer_model.php
@@ -3,4 +3,5 @@ $date = sanitizeInput($_POST['date']);
 $amount = floatval($_POST['amount']);
 $account_from = intval($_POST['account_from']);
 $account_to = intval($_POST['account_to']);
+$transfer_method = sanitizeInput($_POST['transfer_method']);
 $notes = sanitizeInput($_POST['notes']);
diff --git a/setup.php b/setup.php
index 808cc21a..6bf79567 100644
--- a/setup.php
+++ b/setup.php
@@ -285,6 +285,7 @@ if (isset($_POST['add_company_settings'])) {
 
     mysqli_query($mysqli,"INSERT INTO categories SET category_name = 'Cash', category_type = 'Payment Method', category_color = 'blue'");
     mysqli_query($mysqli,"INSERT INTO categories SET category_name = 'Check', category_type = 'Payment Method', category_color = 'red'");
+    mysqli_query($mysqli,"INSERT INTO categories SET category_name = 'Bank Transfer', category_type = 'Payment Method', category_color = 'green'");
 
     //Create Calendar
     mysqli_query($mysqli,"INSERT INTO calendars SET calendar_name = 'Default', calendar_color = 'blue'");
diff --git a/transfer_add_modal.php b/transfer_add_modal.php
index 0aa94f8b..61ac8bc1 100644
--- a/transfer_add_modal.php
+++ b/transfer_add_modal.php
@@ -143,6 +143,29 @@
                         </div>
                     </div>
 
+                    <div class="form-group">
+                        <label>Transfer Method <strong class="text-danger">*</strong></label>
+                        <div class="input-group">
+                            <div class="input-group-prepend">
+                                <span class="input-group-text"><i class="fa fa-fw fa-money-check-alt"></i></span>
+                            </div>
+                            <select class="form-control select2" name="transfer_method">
+                                <option value="">- Method of Transfer -</option>
+                                <?php
+
+                                $sql = mysqli_query($mysqli, "SELECT * FROM categories WHERE category_type = 'Payment Method' AND category_archived_at IS NULL ORDER BY category_name ASC");
+                                while ($row = mysqli_fetch_array($sql)) {
+                                    $category_name = nullable_htmlentities($row['category_name']);
+                                ?>
+                                    <option><?php echo $category_name; ?></option>
+
+                                <?php
+                                }
+                                ?>
+                            </select>
+                        </div>
+                    </div>
+
                 </div>
 
                 <div class="modal-footer bg-white">
diff --git a/transfer_edit_modal.php b/transfer_edit_modal.php
index a32b5593..0b23eeca 100644
--- a/transfer_edit_modal.php
+++ b/transfer_edit_modal.php
@@ -131,6 +131,28 @@
                         <textarea class="form-control" rows="5" name="notes" placeholder="Enter some notes"><?php echo $transfer_notes; ?></textarea>
                     </div>
 
+                    <div class="form-group">
+                        <label>Transfer Method <strong class="text-danger">*</strong></label>
+                        <div class="input-group">
+                            <div class="input-group-prepend">
+                                <span class="input-group-text"><i class="fa fa-fw fa-money-check-alt"></i></span>
+                            </div>
+                            <select class="form-control select2" name="transfer_method">
+                                <option value="">- Method of Transfer -</option>
+                                <?php
+
+                                $sql_transfer_method_select = mysqli_query($mysqli, "SELECT * FROM categories WHERE category_type = 'Payment Method' AND category_archived_at IS NULL ORDER BY category_name ASC");
+                                while ($row = mysqli_fetch_array($sql_transfer_method_select)) {
+                                    $category_name_select = nullable_htmlentities($row['category_name']);
+                                ?>
+                                    <option <?php if($transfer_method == $category_name_select) { echo "selected"; } ?> ><?php echo $category_name_select; ?></option>
+
+                                <?php
+                                }
+                                ?>
+                            </select>
+                        </div>
+                    </div>
 
                 </div>
 
diff --git a/transfers.php b/transfers.php
index 753038e7..3596cb90 100644
--- a/transfers.php
+++ b/transfers.php
@@ -11,11 +11,11 @@ $url_query_strings_sort = http_build_query($get_copy);
 
 $sql = mysqli_query(
     $mysqli,
-    "SELECT SQL_CALC_FOUND_ROWS transfer_created_at, expense_date AS transfer_date, expense_amount AS transfer_amount, expense_account_id AS transfer_account_from, revenue_account_id AS transfer_account_to, transfer_expense_id, transfer_revenue_id , transfer_id, transfer_notes FROM transfers, expenses, revenues
+    "SELECT SQL_CALC_FOUND_ROWS transfer_created_at, expense_date AS transfer_date, expense_amount AS transfer_amount, expense_account_id AS transfer_account_from, revenue_account_id AS transfer_account_to, transfer_expense_id, transfer_revenue_id , transfer_id, transfer_method, transfer_notes FROM transfers, expenses, revenues
     WHERE transfer_expense_id = expense_id 
     AND transfer_revenue_id = revenue_id
     AND DATE(expense_date) BETWEEN '$dtf' AND '$dtt'
-    AND (transfer_notes LIKE '%$q%')
+    AND (transfer_notes LIKE '%$q%' OR transfer_method LIKE '%$q%')
     ORDER BY $sort $order LIMIT $record_from, $record_to"
 );
 
@@ -85,6 +85,7 @@ $num_rows = mysqli_fetch_row(mysqli_query($mysqli, "SELECT FOUND_ROWS()"));
                         <th><a class="text-dark" href="?<?php echo $url_query_strings_sort; ?>&sort=transfer_date&order=<?php echo $disp; ?>">Date</a></th>
                         <th><a class="text-dark" href="?<?php echo $url_query_strings_sort; ?>&sort=transfer_account_from&order=<?php echo $disp; ?>">From Account</a></th>
                         <th><a class="text-dark" href="?<?php echo $url_query_strings_sort; ?>&sort=transfer_account_to&order=<?php echo $disp; ?>">To Account</a></th>
+                        <th><a class="text-dark" href="?<?php echo $url_query_strings_sort; ?>&sort=transfer_method&order=<?php echo $disp; ?>">Method</a></th>
                         <th><a class="text-dark" href="?<?php echo $url_query_strings_sort; ?>&sort=transfer_notes&order=<?php echo $disp; ?>">Notes</a></th>
                         <th class="text-right"><a class="text-dark" href="?<?php echo $url_query_strings_sort; ?>&sort=transfer_amount&order=<?php echo $disp; ?>">Amount</a></th>
                         <th class="text-center">Action</th>
@@ -99,6 +100,12 @@ $num_rows = mysqli_fetch_row(mysqli_query($mysqli, "SELECT FOUND_ROWS()"));
                         $transfer_account_from = intval($row['transfer_account_from']);
                         $transfer_account_to = intval($row['transfer_account_to']);
                         $transfer_amount = floatval($row['transfer_amount']);
+                        $transfer_method = nullable_htmlentities($row['transfer_method']);
+                        if($transfer_method) {
+                            $transfer_method_display = $transfer_method;
+                        } else {  
+                            $transfer_method_display = "-";
+                        }
                         $transfer_notes = nullable_htmlentities($row['transfer_notes']);
                         if(empty($transfer_notes)) {
                             $transfer_notes_display = "-";
@@ -134,6 +141,7 @@ $num_rows = mysqli_fetch_row(mysqli_query($mysqli, "SELECT FOUND_ROWS()"));
                             <td><a class="text-dark" href="#" data-toggle="modal" data-target="#editTransferModal<?php echo $transfer_id; ?>"><?php echo $transfer_date; ?></a></td>
                             <td><?php echo "$account_from_archived_display$account_name_from"; ?></td>
                             <td><?php echo "$account_to_archived_display$account_name_to"; ?></td>
+                            <td><?php echo $transfer_method_display; ?></td>
                             <td><?php echo $transfer_notes_display; ?></td>
                             <td class="text-bold text-right"><?php echo numfmt_format_currency($currency_format, $transfer_amount, $session_company_currency); ?></td>
                             <td>