With External Account Transfers, you can move money between accounts at different financial institutions owned by the same person. This service is sometimes referred to as A2A (account to account) or M2M (me to me).
Checking, Savings, and Money Market accounts are eligible for External Account Transfers from USECU. External Brokerage accounts are available for transfers as well.
A few other points to be aware of:
- You can make a one-time future-dated or recurring transfer to a personal checking or savings account at most financial institutions in the United States.
- Generally, transfers are credited to the other institution within one to two business days.
- There is a $6,000 per day limit on the transfer amount.
- You will need the Routing Transit Number and the account number at the financial institution receiving the ACH credit.