With MyCU Move Money, you can send convenient, secure Account-to-Account transfers and Person-to-Person payments. Account-to-Account (A2A) transfers allow you to link your MyCU accounts with accounts you own at other financial institutions in order to transfer money to and from those accounts. Person-to-Person (P2P) transfers provides the ability to send or receive payments from another person using their e-mail address or mobile phone number.
Save time and eliminate hassles with one-time or recurring external transfers to other accounts. All you need is a MyCU account and access to online banking. MyCU Move Money A2A Transfers allow you to:
- Transfer money to/from your MyCU account and an account you own at another financial institution.
- Set up automatic transfers between these accounts.
- Make a MyCU loan payment from an account at another financial institution.
To transfer funds to your account at another financial institution, create an “Account” under MyCU Move Money and enter your name, the account number at the other financial institution, and the routing and transit number (ABA number). Confirm the information and two trial transactions will be sent to your account (allow for 2-3 business days for the test transactions to reach your account). You will need to log into your account to verify the deposit and withdrawal amounts by clicking the “Activate” link and entering the test amounts to validate your account.
For more information and frequently asked questions about A2A transfers click here.
Use MyCU Move Money to send or request money from friends, family members, or co-workers by using their mobile phone number or e-mail address. Use P2P transfers to:
- Transfer money to your kids at college.
- Send a gift to family or friends
- Reimburse your friend or co-worker for movie tickets, concert tickets, or dinner.
- Pay your landlord, baby sitter, gardener, or other service providers.
To send money to someone, create a “Contact” in the Move Money tab and enter the recipient’s e-mail address or mobile phone number, the transfer amount, and a personal message. The recipient will receive an e-mail or text message with instructions on how to complete the transfer. They will use the link provided to enter their confirmation number and banking information and the funds will be debited from your account and transferred to their account.
Start using A2A and P2P today! Sign into online banking and select “MyCU Move Money” under the transfers tab.
For more information and frequently asked questions about P2P payments/transfers click here.
Minimum transfer amount for A2A: $20.00
Minimum transfer amount for P2P: $10.00
Failed transaction fee: $25.00