How long does it take to transfer funds into and out of my Growth Savings account?
Depending on the institution, transfers occurring from one institution to another generally take one to three business days. Additional reviews are built in to ensure the safety of your money and may occasionally result in transfers taking up to five business days. They also may require verification from the account holder. While transfer times vary, you’ll start earning interest on transfers into your Growth Savings account the same day funds are received—even if the new funds don’t yet show up in your online balance.
If you have questions on the status of your transfer, you can check the status in Online Banking by visiting your Account page. You can navigate to this page by either clicking on your account tile on the dashboard or by clicking on Account on the navigation menu, then Manage Accounts, and selecting an account there.
If a transfer is in process with your other financial institution, you may need to contact that financial institution for more information about their process.
To learn more about the transfer process, read our article, 4 Facts to Know About Digital Banking Transfers.
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