How to transfer money from bank account to bank account

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Transfer money online — quickly and easily

Move money between accounts or between banks

Between your accounts

Balance low? Transfer money between your accounts immediately.

Saving made easy

Set up automatic recurring transfers to your Wells Fargo savings account, and watch your balance grow.

Wells Fargo payments

Easily make payments to your Wells Fargo credit and loan accounts. You can fund payments from your accounts at Wells Fargo or other U.S. banks.

Bank-to-bank transfers

Transfer money between your accounts at Wells Fargo and other U.S. financial institutions, and skip the trip to the bank.

Set up transfers online

• Sign on to access transfers.
• To get started, select the accounts you would like to transfer money From and To.
• To transfer money between accounts at Wells Fargo and accounts at another bank, select Add Non-Wells Fargo Accounts.

Frequently asked questions

How do I transfer funds between my accounts online?

To transfer funds between your accounts:

• Sign on to Wells Fargo Online® to access transfers.
• Choose the account you want to transfer money from, the account you want the money transferred to, the frequency of transfers, the date you would like the transfer to occur, and the amount that you would like to transfer.
• Click the Continue button.
• Review the information you have entered, and if correct, click Submit to make a transfer.

Can I transfer funds to or from my accounts at another institution?

You can transfer money between your Wells Fargo checking and savings accounts and accounts you may have at other U.S. financial institutions. Wells Fargo gives you flexibility, convenience, and control to transfer funds where and when you need it. Simply sign on to Wells Fargo Online to access transfers, and click Add Non-Wells Fargo Accounts to get started.

To enable non-Wells Fargo accounts for Transfers, additional security measures are required. Verification may take 1-3 business days. In the meantime, you may be able to use your non-Wells Fargo account for payments to your eligible Wells Fargo credit accounts (such as your eligible credit card, mortgage loan, auto loan, personal loan, personal line of credit, and home equity line of credit and loan accounts).

How do I edit or delete a recurring transfer?

• Sign on to Wells Fargo Online to access transfers.
• Click on View/Edit or View/Delete for each transfer listed under the Transfer and payment Activity. Or if on Wells Fargo Mobile®, select Transfer in the bottom bar, tap on each transfer listed under Scheduled Transfers & Payments, and select Edit Transfer or Delete Transfer. This will allow you to edit or delete any future and recurring transfer.

Transfer FAQs

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If your funds are spread across accounts at different institutions, it helps to have an easy way to make transfers between them. Online transfers are a convenient way to move money from one bank account to another.

Online transfers are generally free, though some financial institutions do charge, and transfers usually take up to three business days to complete. Check with your institution when setting up a transfer to know when to expect funds to arrive and whether there are fees.

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How to transfer money from one bank to another online

To get started, you’ll need to set up a relationship between the two accounts you have at different banks — the one that will send money and the one to receive it.

1. Link the two accounts

Log in to the first bank’s website or mobile app and select the option for making transfers. There may be a choice for internal transfers, that is, moving money in between two accounts within the same bank — from checking to savings, for example. You want the external option, which lets you move funds out to a different bank.

2. Provide external account information

Have the second bank’s routing number and your account number handy. You can usually get this information from the bank’s website or mobile app, or printed paper check. You can also check this list of routing numbers at some of the largest banks.

3. Confirm the new account

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 for the second bank, which the first bank would then verify electronically. 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.

4. Set up transfers

Once the account is confirmed, you can set up transfers from the sending bank’s website or app. Select 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.

Benefit to external bank transfers: Boost your savings yields

Bank transfers are common for people who have a checking account at one bank and a high-yield savings account at another bank. If you open a new savings account, you can link your existing checking account for automatic transfers.

This also works for online bank customers, who often need to link their existing bank accounts to fund their online accounts. These folks tend to get the benefit of better rates while having the convenience of keeping their existing accounts.

Check the limits to savings withdrawals

You can generally make as many transfers into savings accounts as you’d like, but there are some points to consider when it comes to taking money out. Online withdrawals from savings accounts are considered convenient transactions per the Federal Reserve. There used to be a limit on the number of convenient transactions you could make per month. The Federal Reserve no longer enforces that limit, but if you have more than six convenient transactions in a month, some institutions will charge an excess withdrawal fee for each transaction over that cap. This fee is typically up to $10 per excess transaction. If you think you might run up against the limit, check with your financial institution to see if it caps withdrawals and charges a fee.

More options to send money to others

• Online bill pay: If you don’t own the account you plan to send money to, you may need to explore other options. Many banks offer online bill pay services, which send a check or electronic payment to a merchant or vendor on your behalf.

• Peer-to-peer payments: If you need to send money to another individual quickly, you can also use a peer-to-peer payments service, such as Venmo, PayPal or Zelle.

• Wire transfers: If you need to send thousands of dollars quickly, it may make sense to use a wire transfer. These services are not always free, but the funds often reach the recipient much faster, sometimes in as little as a few minutes.

Transferring funds from one bank account to another does not have to be a burden. Moving money can be just another online banking convenience.

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