How do I set up a recurring transfer?

Want to accelerate your savings by setting up automatic transfers that reoccur on a daily, monthly or yearly basis? Want to set up regular transfers to another member or relationship number like your business?  It’s easy to set up on both the mobile app and in online banking for desktop or laptop computers.

Transfer menu on account summary page

 

Transfer funds Step 1

 

Set up a transfer Step 2

 

Transfer funds confirm page

Step 1: Log into online banking. New to logging in? Learn more.

 

 

Step 2: After logging in, you can see a list of menu options on the left-hand side of the page.

Click on “Transfer Money”.

 

 

 

 

 

 

 

Step 3: After selecting Transfer Money, you will land on the Transfer funds page. On this page:

  • Select the account from which you want to transfer funds from the dropdown menu
  • Input the amount you want to transfer
  • Select the “Recurring Transfer” option
  • Select whether the transfer is to your own account or another member’s account

 

 

 

Step 4: On the next page, complete the following information:

  • Select the account to which funds will be deposited from the dropdown menu
  • You can input a Memorandum note. e.g. My Savings
  • Choose Start Date and End Date
  • Select the transfer frequency at which the recurring transfer will take place

Click on “Continue” after you have entered all the information.

 

 

Step 5: On the Confirmation page, review and verify the information.

Click on Confirm. You will then receive a receipt.

Congratulations, your recurring transfer has been set up!

If you want to review the transfers you have scheduled, navigate back to the Account Summary page and scroll down to the heading Scheduled Transfers.

Homescreen Vancity app

App transfer optionsApp options for transfer

Step 1: Log into the mobile app. New to logging in? Learn more.

 

 

 

Step 2: After logging in, select the Transfers icon on the main screen.

 

 

 

 

 

 

 

 

 

Step 3: Select the option ‘To My Account’  if you want to set up a transfer to your savings or other account.

 

 

 

 

 

 

 

 

 

 

 

 

Step 4: After selecting Transfers, you’ll need to input the information for your transfer:

  • Select the account from which you want to transfer funds from the dropdown menu
  • Select the account you want to transfer funds to
  • Input the amount you want to transfer
  • (optional) Complete the Memo field
  • Select the “Recurring Transfer” option
  • Complete the transfer frequency

Click on “Continue” after you have entered all the information.

 

 

 

Step 5: On the Confirmation page, review and verify the information.

  • Click on Confirm. You will then receive a receipt.

Congratulations, your recurring transfer has been set up!

 

If you want to review the transfers you have scheduled, navigate back to the main app screen and select the Scheduled icon.

 

 

 

 

 

 

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