Account Transfers

The Account Transfer screen allows credit unions to transfer funds between their own accounts: Share to Share, Share to Loan, and Loan to Share. 

The Account Transfer area is visible only with applicable permissions.  

The Account Transfer card defaults to display transfers from the current day. It is displayed as a table and features options for filtering and sorting. Quick filtering date tabs are located at the top of the table. Click the appropriate tab - Today, Last Week, or Last 30 Days - to narrow in on one of the date range options. 

Custom date ranges, as well as additional filtering, are available by utilizing the filtering options at the top of each column. Click the arrow next to the column header to sort the column. The orange arrow indicates which column is currently sorting the information. Search within a column by typing information into the Search box located just under the column header, or by utilizing the column dropdown, if available. To clear filters, click the x located in the search box, or click the Clear filters option at the top right side of the card.

The contents of the dropdowns are as follows:

To review detail related to a specific transfer, click the hyperlinked Account Transfer ID (shown above).

Transfer detail will include:

• [Transfer Type] ID 
• Created by
• Transfer From
  • Account from which funds were debited (share or loan)
  • Current account information applicable to account type (share or loan)
• Transfer To
  • Account to which funds were credited (share or loan)
  • Transfer Amount
  • Effective Date
  • Current account information applicable to account type (share or loan)

Share to Share Transfer screen example:

Share to Loan Transfer screen example:

Loan to Share Transfer screen example:

Create Account Transfer

To create an Account Transfer, Users must:

1. Navigate to Money Movement
2. Click Transfers dropdown, select Account Transfer
3. Click Create New
4. Select the Account Transfer type
   1. Share To Share
   2. Share To Loan
   3. Loan To Share
5. Select account from which funds should be debited
6. Select the account to receive the final credit
7. Indicate the Transfer Amount
8. Indicate transfer Effective Date
9. Click Create
10. Click Back to Account Transfer List in the upper left to navigate back to the Account Transfer screen

Scheduled Account Transfers may be cancelled prior to the cutoff time on the day before the scheduled transfer. 

1. Navigate to Money Movement
2. Click Transfers dropdown, select Account Transfer
3. Search for and select the appropriate Account Transfer request
   1. Hint: Use the Status dropdown to filter for Completed and/or Scheduled
4. Click the Account Transfer ID hyperlink for the request
5. Click Cancel