Can i wire money to myself

BECU doesn't charge a fee to send or receive money via Zelle , however there may be scenarios where using Zelle may incur charges. If you are already enrolled in Zelle, there's nothing more you need to do, as the money will automatically move directly into the account you identified when you enrolled. If you have not enrolled and received a payment from someone via Zelle , follow these steps:.

If you send money to someone who isn't enrolled with Zelle , they'll receive a notification prompting them to enroll. After enrollment, the money will move directly into your recipient's account, typically within minutes. If you send money to someone using their account number 4 , the recipient is not required to enroll with Zelle as these transactions follow a different process. Who can I send money to? Where do I find the Terms and Conditions for Zelle?

When does the money come out of my account? When will the payment I sent arrive? How does the receiving person get their money? How do I edit a scheduled or recurring transaction? How will the person I send money to be notified? Can I send money to myself at a different financial institution? Can I use Zelle internationally? Should I use Zelle to pay someone I don't know? I sent money to the wrong person. How do I get it back? How do I verify my mobile phone number or email address to complete my enrollment in Zelle?

What should I do if I received a notice that my scheduled payment failed due to non-sufficient funds? There's an old email or phone number in my Zelle profile. Should I verify it? How do I stop receiving text messages from Zelle? I already enrolled with Zelle with another bank. How do I transfer my email or U. How do I update my email or mobile phone number in Zelle?

How do I update my contacts' information? I got an email from Zelle saying money was sent to me. How do I actually receive the money? I followed all of the steps to send money but it still didn't work. What now? Zelle is a great way to send money to family, friends and people you know, like your neighbor, your roommate, or your babysitter 1.

It's important to remember that money is sent directly from your BECU account to another person's bank account typically within minutes 2 , so Zelle shouldn't be used to send money to people you don't know or trust. Neither BECU nor Zelle offer a protection program for any authorized payments made with Zelle - for example, if you don't receive the item you paid for or the item is not as described or as you expected. Back to General Information About Zelle.

It's easy. Just check the app or sign in online and follow a few simple steps to enroll with Zelle today. We recommend you enroll before someone sends you money - this will help you get your first payment faster. Your name, financial institution name and email address or U. When someone sends money to your enrolled email address or U. S mobile number, Zelle looks up the email address or U.

BECU then directs the payment into your account, all while keeping your sensitive account details private. Add a contact or select the email or mobile phone number of an existing contact. When adding a contact, enter the name and email or U.

This information will be saved as a contact. Review and tap Send. If your recipient is already enrolled, they'll receive notification of your payment and the money will be available in their account, typically within minutes 2. If they are not already enrolled with Zelle , your recipient gets an email or text instructing them to enroll so they can receive the payment.

Back to Sending and Receiving Money. When you send a payment today, your account is debited immediately. If you schedule a transaction to go standard delivery, those payments are debited on the day they are scheduled to process. It's important to make sure that you will have money available to cover the scheduled transaction and that you have sufficient available funds in the account at least one full day before the transfer is scheduled.

It's also important that you keep a record of how much money you spend from your account so you know how much money you have available to spend. Money sent with Zelle is typically available to an enrolled person within minutes 2. Ask your friends and family to enroll with Zelle before you send them money. This will help them get your payment more quickly. Once their first payment completes, your recipient will be able to receive future payments faster, typically within minutes 2.

If your payment is still pending, we recommend confirming that the person you sent money to has enrolled with Zelle , and that you entered the correct email address or U. If you're waiting to receive money, you should check to see if you've received a payment notification via email or text message.

If you haven't received a payment notification, we recommend following up with the sender to confirm they entered the correct email address or phone number. Still having trouble? If the person you sent money to has already enrolled with Zelle , the money is sent directly to their bank account and cannot be canceled. This is why it's important to only send money to people you know and trust, and always ensure you've used the correct email address or U.

If you sent money to the wrong person, we recommend you contact the recipient and request the money be returned. You can only cancel a payment that has been scheduled but not yet processed. To determine if you can cancel a payment, go to your Activity page and look for a "Cancel" button. You can also stop a payment if the payment has been sent but the person you sent money to hasn't yet enrolled with Zelle. Transactions sent using standard speeds may be stopped if the funds haven't yet been received by the recipient.

If you see a red "Stop Payment" button for the payment you want to stop, select Stop Payment. With an ACH payment, banks make payments on behalf of customers, verifying accounts and confirming amounts, moving money within one to three business days. Most ACH bank transfers and other EFT payments are processed without any extra fees for customers, but be sure to check with your bank to make sure. There are many payment apps available now—Venmo, PayPal, CashApp, Zelle and others—that help move money back and forth between people in peer-to-peer P2P transfers.

These apps are a fast way to send money to friends or family or make payments to small businesses, often at no fee or for a low fee that equals a small percentage of the total transaction amount.

Make sure you understand the fees, timing and limitations of each P2P app before using it to transfer money. Some payment apps do not allow international transactions—if you need to send money to someone in another country, you may need to choose a different payment method or be prepared to pay a larger fee. If you need to transfer a more considerable amount of money, wire transfers can help you send money quickly and securely. However, wire transfers often come with a fee.

Wire transfers are generally considered to be a highly secure, fast way of sending money. Sending an international wire transfer may take more time to process. When making a wire transfer, make sure you are wiring money to the correct recipient and not a scam artist.

Another simple way to transfer money from one bank to another is a low-tech, classic option: writing a check. When you write a check, you are authorizing your bank to transfer funds to the recipient.

You can also write a check to yourself if you need to move money from one account to another or to make a deposit into a new account. Now that mobile check deposit has become so common with mobile banking apps, you can often write and deposit a check from the comfort of your home.

Keep in mind that checks are not an instant form of money transfer. It may take a few business days for the check to be deposited and to clear, during which time it will be listed as a pending transaction in the deposit account. The financial system is designed to make it as easy and efficient as possible for people to move money. Many of these high-tech payment and transfer options can be made at low cost or for no fee at all.

Check with your bank and read the fine print on any payment apps so you understand the fees and time frames for when your transfer will be processed. Some types of money transfers require you to wait a few days for the transaction to process, while other transfers happen on the same day or even instantly. Understand your options and decide which form of money transfer is right for your situation. Ben Gran is a freelance writer who covers personal finance and financial services.

A graduate of Rice University, he has written for several Fortune financial services companies. Ben is based in Des Moines, Iowa. He has more than a decade of experience as personal finance editor, writer and content strategist. Select Region. If you're under 18 years old and part of Apple Cash Family Children less than 13 years old can transfer funds from their Apple Cash account to a bank account. How to update your bank account information Go to your card info: On iPhone: Open the Wallet app, tap your Apple Cash card, then tap the more button.

Tap Bank Account, then tap the bank account you want to update. To delete your banking information, tap Delete Bank Account Information. Tap again to confirm. After deleting, you can add your bank information again or add different information. To edit your bank information, tap next to your routing number or account number, add your information, then confirm the numbers and tap Next.

How to find your bank account number or routing number Your bank account number and routing numbers are easy to find on your checks. If you didn't receive your transfer Check your bank statement to see if the transfer has been processed and deposited into your bank account. Make sure that your device is eligible to use with Apple Pay. Make sure that you have a Wi-Fi or cellular connection.

If you're transferring money to a debit card, make sure it's an eligible debit card. After each step, try to transfer money again: For 1 to 3 business day transactions, make sure that you added an eligible United States bank account and that you entered the correct account and routing numbers.

If you enter the wrong numbers, the transfer might go to the wrong account. Instant transfers require you to use the billing address that matches your selected debit card. Check the limits. Make sure you aren't using accents when you enter your name. You must be at least 18 years old and a resident of the United States to send and receive money with Apple Pay or receive the Apple Cash card, unless you're part of Apple Cash Family.

Learn more about the Terms and Conditions. Account security checks may require additional time to make funds available.