Title: How to Transfer Money From One Bank to Another - NerdWallet
Headings: How to Transfer Money From One Bank to Another
How to Transfer Money From One Bank to Another
How to transfer money from one bank to another online
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Content: After you enter the required information, the first bank will typically want to verify that you have access to the second bank’s account. You might be asked to enter your username and password, which the first bank would then verify. Another way the first bank could verify the account is to make a small deposit or two (think a few pennies each) and ask you to confirm the amounts. This process could take a couple of days to complete. Set up transfers. Once the account is confirmed, you can set up transfers from the sending bank’s website. Choose the sending and receiving accounts, and enter the amount to be transferred and the date for the transaction to occur. From there, you can usually see which date the funds are expected to be available in the receiving account. You’ll also want to choose whether you want to make a one-time transaction or a recurring transfer (once a week, for example). After you’ve made your choices, select the option to submit them.