A transfer is a transaction where you schedule funds to move from one account to another account at your bank. For example, you can transfer funds from your savings account to your checking account. Your bank determines which accounts are available for transfer transactions.
You can set up the following types of transfers:
A single, one-time/on-demand transfer that occurs immediately
A scheduled transfer that occurs once on a specific date
A scheduled transfer that occurs repeatedly; for example, a monthly transfer
Note:
When entering a dollar amount, enter the full amount using decimals. For example, for $300 enter 300.00.
Once you set up a transfer, the system moves the funds between the designated accounts on the date you requested.
You can make changes to a scheduled transfer until 6 p.m. the day before the scheduled date of the transfer. You cannot make changes to a transfer on the date it is scheduled to occur. Attempts to do so may result in additional transfers taking place.