A Comprehensive Guide To Using Members 1st S External Transfer Service

• Discover how to effortlessly transfer funds between your Members 1st account and other U.S.-based financial institutions. This step-by-step guide walks you through adding, verifying, editing, and deleting external transfers, ensuring you can manage your finances with ease.

• Learn how to use Members 1st's free external transfer service.
• Easily transfer money between your Members 1st account and other U.S.-based financial institutions.
• Detailed step-by-step guide for adding, verifying, editing, and deleting external transfers.
• Understand the timeframes for external transfers.
• Access your external transfer history for easy tracking.

In this guide, we will walk you through the process of using Members 1st's free external transfer service, a digital banking feature that simplifies transferring money between your Members 1st account and accounts at other U.S.-based financial institutions. By following our step-by-step instructions, you can easily add, verify, edit, and delete external transfers, and gain a clear understanding of the timeframes involved in the process. We'll also show you how to access your external transfer history for better financial management.

• Adding an External Account

  • Log in to your Members 1st account and navigate to Pay and Transfer.
  • Click on Transfer Money and select Add External Account.
  • Enter the routing number of the external financial institution.
  • Provide a nickname for the account and click Continue.
  • Enter the external account number and select the account type.
  • Confirm the information and click Continue.
  • After confirmation, a trial deposit message will appear.
  • Read the message, click Done, and the external account is added with the label "Trial Deposit Pending."
  • You will receive an email alert regarding the addition of a new external account.

• Verifying an External Account

  • Go to the Transfer Money tab and click Manage Transfers.
  • Locate the external account with the "Awaiting Verification" status.
  • Click on the external account and select Verify.
  • Enter the trial deposit totals received from your external account for verification.
  • You have three attempts to enter the correct amounts.
  • After successful verification, a green banner will appear, indicating the match.
  • Click Done to return to the Manage Transfers screen.

• Creating a Transaction

  • After adding the external account, select Transfer Now.
  • Choose accounts from the dropdown menus for transfer.
  • Specify transfer direction (to or from the external account).
  • Enter the transfer amount, frequency, and transfer date.
  • Confirm the details and proceed.
  • A success screen will display the expected delivery date of the transfer.

• Editing an External Transfer

  • To edit a transfer, go to Pay and Transfer, then Transfer Money, and click Manage Transfers.
  • Locate the external transfer under Scheduled Transfers.
  • Click on the transfer to edit the amount, frequency, or next transfer date.
  • Confirm the updates and proceed.
  • Note that once a transfer is in progress, it cannot be edited.

• Deleting an External Transfer

  • If you wish to delete a transfer, find the scheduled transfer under Scheduled Transfers.
  • Click on the transfer and then select Delete.
  • Confirm the deletion to remove the scheduled transfer.

• Viewing External Transfer History

  • To access your external transfer history, navigate to Pay and Transfer, then Transfer Money.
  • Click on External Transfer History.
  • Review previous individual transfers, including details and anticipated delivery dates for pending transfers.

• Timeframes for External Transfers

  • Be aware that external transfers coming into Members 1st may take three business days to deposit into your account or loan.

With Members 1st online banking and the mobile app, managing your finances has never been more convenient. If you have any questions or require assistance, don't hesitate to reach out to our customer service team through the chat feature on members1st.org or within the mobile app. Experience the ease and efficiency of Members 1st's external transfer service today and thank you for choosing Members 1st for your financial needs.

All rights reserved. Unauthorized reproduction, in whole or in part is strictly prohibited.