Ruling on transferring money through banks

Hamid Muhammad from Bahrain says: I also heard on your program that dealing with banks is forbidden, as are checks. I must send my money through the bank because I cannot travel to Egypt with more than fifty pounds in cash. What is the solution in this case? Do we send it through the banks or not?
Answer: As for dealing with interest-based banks involving interest, this is not permissible. Giving money and taking interest on it, or borrowing from the bank with interest, is not permissible. This is undoubtedly riba (usury or interest) and is forbidden. However, transferring one’s money from one bank to another due to the difficulty of transporting it, or the fear of transporting it, we hope there is no harm in this. This is of the kind of thing a person is compelled to do. These matters are considered necessary today. He does not intend riba (usury or interest); he merely transfers his money from one place to another, and that does not harm him. There is no harm in this, if Allah wills.