If you’re a member of PSECU, you already know about all the great services we offer to help you move and transfer your money. But you may have a tough time determining when to use which one, or knowing which service is best for your specific situation. This post will give you a good overview of each of our services and when to use them, as well as links to help you learn more.
Bill Payer Service
Are you tired of dealing with late fees when you miss a bill payment? Our bill payer service helps you pay your bills by setting up automatic or on-demand payments for things like rent, mortgage, utilities, credit card payments, and more using a secure interface. Simply set up this service through online or mobile banking. Once you’ve requested an automatic or on-demand payment be made, the only thing for you to do is ensure that the funds are available in your account.
Learn more about our bill payer service
Member-To-Member Transfers
If you know someone who also has an account with PSECU, you can easily transfer funds to them through our digital banking. Log into your account using online banking or the PSECU Mobile app and follow the on-screen instructions to send or receive money. If you find yourself always needing to quickly transfer funds to family members or to your kids when their allowance money is running low, this service is for you.
Learn more about member-to-member transfers
Wire Transfers
Need to send large amounts of money urgently? For a small fee, we offer same-day and next-day domestic wire transfers from your PSECU account to any financial institution within the U.S. banking system. If you’re making a large purchase, like property, a house, or a car in the U.S. or its territories, our wire transfer service can meet your need.
Learn more about wire transfers
External Account Transfers
If you have accounts at multiple financial institutions and need to move your money between another credit union or bank and PSECU, our external account transfer service can help. If needed, you can have more than one external account linked to your PSECU account. To use this service, you must be the listed owner on the external account.
Learn more about external account transfers
Sending & Receiving Money with Zelle®
If you need to send money to someone you know and trust, you can use Zelle®. Zelle® is a fast and easy way to send money directly between accounts in the U.S.*. With just an email address or U.S. mobile number, you can send money in minutes to people you trust like friends and family, regardless of where they bank*. If you need to pay your personal trainer, babysitter, or neighbor - or just reimburse a friend after they paid for dinner - Zelle® could be exactly what you're looking for.
Here are some tips for using Zelle® safely.
To learn more about how our digital banking tools can help you manage your money, check out the Digital Tools section of our blog.
*U.S. checking or savings accounts required to use Zelle®. Transactions between enrolled consumers typically occur in minutes.
Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
The content provided in this publication is for informational purposes only. Nothing stated is to be construed as financial or legal advice. Some products not offered by PSECU. PSECU does not endorse any third parties, including, but not limited to, referenced individuals, companies, organizations, products, blogs, or websites. PSECU does not warrant any advice provided by third parties. PSECU does not guarantee the accuracy or completeness of the information provided by third parties. PSECU recommends that you seek the advice of a qualified financial, tax, legal, or other professional if you have questions.