Transferring funds to an external bank account

Once you've linked an external bank account to Relay, you will be able to move funds to that account from your Relay checking account. To transfer funds to an account that is not linked to Relay, consider sending an ACH, domestic wire, international wire, check payment, or making a cash withdrawal.  

How to transfer funds to an external bank account

Web Mobile
  1. Sign in to your Relay account
  2. Navigate to the Home or Accounts tab.
  3. Click Move money at the top-right corner of your screen, then select Transfer money from the drop-down menu.
  4. From the Bank account drop-down menu, select the desired Relay checking account you would like to transfer funds from.
  5. Select the external account you would like the transfer funds to. You will find any linked external accounts at the bottom of the list.
  6. Enter the amount you would like to transfer.
  7. Customize the transfer with the desired frequency, transfer date, and memo.
  8. Click Next once you have filled out all of the required fields.
  9. Review your deposit details, then click Done.

Why can't I transfer funds?

When initiating a transfer, the amount entered cannot exceed the displayed available balance in your Relay checking account. The available balance in Relay is updated instantly with every transaction made and can be viewed by navigating to the Accounts tab and selecting the desired Relay account. For more on how to understand your balance, please see Understanding your available balance, running balance, and pending transactions.

You can only initiate transfers into external accounts from checking accounts. If you would like to transfer funds from your savings account, you will first need to create an internal transfer in Relay between your savings and checking account, then follow the steps outlined above to send money to your external account.

Limits, processing timeline, and fees

All accounts have limits on how much you can transfer both in and out of Relay per day and per month. For more information on how to view your account limits, please see Viewing your account limits. For guidance on how to request a transaction limit increase, if needed, please see Requesting a transaction limit increase.

External transfers take 1 to 3 business days to clear; additionally, the receiving institution may have its own clearing times for incoming transactions. For specific timelines, we recommend contacting your external institution.

There is no fee associated with sending money from Relay to your linked external account.

Can I edit the nickname of a linked external bank account?

Yes! For instructions on how to edit external account nicknames in Relay, please see Editing the nickname of a linked bank account.

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