TransferNow
TransferNow is a secure method of transferring money to and from your TFCU accounts at other financial institutions using your Online AND Mobile Banking
TransferNow features:
- More control over your money
- In and Out with other financial institutions and brokerages
- Multiple transfer options: one-time, scheduled and future-dated transfers
- Standard and expedited delivery options
How to use TransferNow
- Log into home banking
- Find the Transfer option
- Select External Account
- Set up an external account with your other institution’s information
- Wait for
- A test deposit and wait for the email how to complete the process
- Select the Instant Verification but be prepared to use your credentials from you other institution’s online banking
Please know this is not an instant way to transfer funds and the transaction may need additional verification from either institution.
Q & A
Q: How quickly will my transferred funds appear in my account?
Standard arrive within three business days. Next-Day arrives on the next business day.
What are the cut off times
Standard is 10 PM Central and Next-Day is 5 PM Central.
Is there a fee for transfers?
No fee for incoming and outgoing, Standard Delivery. $5 for Next-Day delivery.
What type of accounts are eligible for transfers?
You must use a checking account in both institutions.
Who is eligible for TransferNow?
If your checking account is in good standing you are eligible. TFCU reserves the right to disable this feature for abuse or fraudulent activity at any time.
Are there limits to how much I can send?
Yes.
| Outbound Transaction Amount |
$2,500 |
| Outbound Daily |
$5,000 |
| Outbound Monthly |
$5,000 |
|
|
| Inbound Transaction Amount |
$2,500 |
| Inbound Daily |
$2,500 |
| Inbound Monthly |
$5,000 |
|
|
| Next Day Outbound Transaction |
| Next Day Outbound Daily |
$1,000 |
| Next Day Monthly |
$2,500 |
