Member to Member Transfer FAQs

Transfer money quickly to another PFCU member in just a few steps.

It's possible in Online Banking and on our Mobile App.

  • Allows you to save transfer information for future transfers.
  • Automatically validates new recipients, confirming the correct person with the correct account details has been added, greatly reducing the error rate.
  • The member who is transferring the money will need to know the recipient's Member Number (Account ID) and Last Name, the share or loan type you will be transferring to, as well as the Share or Loan ID.
  • Any account(s) that has access to Online Banking can set up transfers.
  • The receiving account must be an open PFCU account. In addition, the receiving share or loan must be capable of receiving deposits. Transfers to Certificates are excluded.
  • Select the Member to Member Transfer option from the Move Money Menu. 
  • Click on + Add recipient in the top right corner of the Move Money window.
    • Enter the Recipient information: Use the "Who do you want to add?" window.
    • Add first 3 characters of last name: This is used as a validation that the correct member number is entered.
    • Account Type: From the drop down list, select the type of account being transferred to.
    • Account ID: Enter the Share or Loan ID - for example 0001.
    • Member ID: Enter the Member Number for the Recipient.
  • Once you finish adding the recipient's information, click on Verify Recipient.
  • Once the Recipient is set up, their name will appear in your transfer to drop down list. 
  • Complete the transfer as normal, by entering an amount and clicking on Make transfer button.
  • Select the Manage Transfer Recipients option from the Move Money menu.
  • Click on Remove to delete the transfer Recipient.
  • Tap on the Make a Transfer button
  • Select the account you want to transfer funds From
  • Tap To to select where you want to transfer funds
    • To add a new recipient, scroll to the bottom of the list and tap on Add a Recipient
    • Follow the same steps as noted above under Online Banking to add the recipient details.