What is External Transfers?
External Transfers allows you to transfer funds between your accounts here and your accounts at other financial institutions.
Can I transfer funds to every other financial institution using External Transfers?
More than 15,000 financial institutions are part of the expansive ACH network used by External Transfers. While it is possible your other financial institution will not be accessible using External Transfers, it would be unusual.
Is External Transfers secure?
External Transfers uses the same ACH network that is used by thousands of businesses for direct desposit of payroll and automatic payments from customers.
If you have additional questions, contact Prospect Bank for assistance.