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How do I transfer money from another bank to my MoneyUp Deposit Account?
How do I transfer money from another bank to my MoneyUp Deposit Account?
Team MoneyUp avatar
Written by Team MoneyUp
Updated over a week ago

MoneyUp accounts can be linked with external bank accounts through the services provided by Plaid.

You can link your external account to your MoneyUp account as long as the external bank is supported by Plaid.

Transfer money from an external account

You can link an external account that you own to your MoneyUp Deposit Account. To do that, follow these steps:

  1. Log in to your MoneyUp.

  2. Select Fund.

  3. Select Transfer from other banks.

  4. When you're prompted, enter the login credentials for your other bank (your external account).

Your external account will be instantly linked to your Deposit Account.

Once your external account is linked, you can use the MoneyUp mobile app to make transfers from the external account to your Deposit Account. You can view your transfer limits in the app by going to Settings > View limits. Transferred funds will be available within five (5) business days.

FAQs

How do I initiate a money transfer from my external account?

Many banks allow you to make transfers to MoneyUp from their website. If you have an external bank that offers this service:

  1. Log in to the other bank's website.

  2. Add your MoneyUp Deposit Account using the routing and account numbers that you use for direct deposit.

Why is my transfer taking so long?

Transfers between accounts are completed through ACH, which are only processed on business days (Monday through Friday, excluding any Federal holidays). After a transfer is processed, MoneyUp's bank partners hold the transfer for at least three (3) business days. Consequently, it takes a little less than a week to post the money to your Checking Account.

What are my transfer limits?

You can view your transfer limits in the MoneyUp mobile app by going to Settings > View limits.

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