Business Bank Transfer — Funds Transfer Guide

Types of Business Transfers Available

Modern business banking platforms offer several transfer methods to move money between accounts, to external recipients, and to manage loan obligations. After completing the business bank login, you can typically access all transfer features from the Transfers section of the platform.

Transfer Options Summary

Internal Account Transfers

Internal transfers move funds between your business accounts in real time. This is the fastest and most cost-effective way to manage cash flow across checking, savings, and money market accounts.

How to Make an Internal Transfer

1. Log in to your business banking portal
2. Navigate to Transfers → Internal Transfers
3. Select the source account (from)
4. Select the destination account (to)
5. Enter the transfer amount
6. Choose immediate or scheduled transfer
7. Review and confirm the transfer

Internal transfers between accounts at the same financial institution are typically processed immediately and are available 24/7, including weekends and holidays.

Loan Payments and Draws

If your business has a loan or line of credit, you can often manage payments and draws directly through your online banking platform.

Making a Loan Payment

To make a payment on a business loan:

1. Navigate to Transfers → Loan Payments
2. Select the loan account you want to pay
3. Choose the funding account
4. Enter the payment amount (regular payment or additional principal)
5. Select the payment date
6. Confirm and submit

Taking a Loan Draw

If you have a business line of credit, you can draw funds directly to your checking account:

1. Navigate to Transfers → Loan Draws
2. Select your line of credit account
3. Choose the destination checking account
4. Enter the draw amount (up to available credit)
5. Confirm the transaction

Loan draws are typically available immediately in your checking account, subject to your credit availability and any draw restrictions on your line of credit agreement.

ACH Transfers

ACH transfers allow you to send money to external bank accounts electronically. ACH is ideal for recurring payments, vendor payments, and any transfer where same-day settlement is not required.

ACH Transfer Processing

• Standard ACH: 1-2 business days, typical cut-off at 4:00 PM ET
• Same-Day ACH: Same business day, typical cut-off at 2:45 PM ET
• Scheduled ACH: Future-dated, processed on the scheduled date

For detailed ACH setup instructions, see our ACH Payments Guide.

Wire Transfers

Wire transfers provide the fastest method for moving large sums of money. Established banks support both domestic and international wire transfers through their business platforms.

Wire Transfer Cut-off Times

For complete wire transfer instructions, see our Wire Transfer Guide.

Transfer Limits and Security

Business banking platforms implement transfer limits to protect your business from fraud and unauthorized transactions:

• Per-transaction limits — maximum amount per individual transfer
• Daily limits — total transfer amount per business day
• User-specific limits — customizable limits per authorized user
• Dual approval — transfers above a threshold require secondary approval

Your account administrator can configure these limits based on your business needs. Changes to transfer limits may require approval from your relationship manager.

Transfer Security Features

• Multi-factor authentication for all transfer initiations
• Positive Pay for ACH and check fraud prevention
• Real-time fraud monitoring on all transactions
• Transfer alerts via email and SMS
• Complete audit trail of all transfer activity

Learn more in our Online Banking Security Guide.

Frequently Asked Questions