External Transfers

Print This Page

External Transfers

Have you ever wanted to skip the step of driving to two or more different financial institutions, and just perform deposits from the comfort of your computer? External Transfers allows members - registered to Online Banking - to perform transactions between HTFFFCU to/from an account with an external financial institution. Move money anywhere you need, anytime you want! It's quick, safe and easy! Think of HTFFFCU as your Online Banking hub.

In order to use External Transfers, you need to know the other institution's ABA/Routing number as well as your account number at that institution. As a result, you normally wouldn't use External Transfers to pay bills. Instead, use it to move money to and from your accounts at other institutions, such as your brokerage account, another bank account or a minor's account.

External transfers allow an account holder to perform a transfer to/from an account with another financial institution.

This provides the convenience of transferring money from another financial institution to make deposits to your account. The deposit can then be used to make loan payments.

There is no fee to use this service.

You must be a registered Online Banking user and an owner of both the external and Credit Union accounts.

There will be a small random deposit and withdrawal to your external account. Once you have received an email stating that the transactions were created, you may then view the transactions on your external account and log on to Online Banking to complete the verification by entering the amounts.

After initial set up and verification process, a normal transaction will take about 3 business days.

Transfers must be at least $50 and cannot exceed $2,000 per day or $5,000 per month.

The email address on Online Banking will be used for notification. To verify or update the email address on Online Banking, choose Update Contact Info from the Services tab. The current email address will be displayed. This email address may be updated by simply typing your email address and pressing submit.

No, you are required to be an owner (primary or joint owner) of both, the external account and credit union account.

No, the system is designed for one time transfers. However, one time transfers may be scheduled as frequently as needed.

Once a transfer is in process, it cannot be stopped.

This process includes a high level of encryption and other security features. As in any internet transaction, the main security feature is you, the member. Please ensure that all log on credentials are adequately protected. For more detailed information on security, click here.