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How to Transfer / Send Money to an Individual Using USAA Website

How to Transfer / Send Money to an Individual Using USAA Website

WEBSITE GURU's avatar User  WEBSITE GURU  (Opens a pop up layer) Prestigious Contributor

Everyone;

 

It IS POSSIBLE to send money to another individual via the USAA Website (in addition to the Mobile App) only it is a little bit more involved, and requires access to the other persons checking account.

 

1. First you will need to add the "other persons" checking account to the "account list".

 

2. You will need to wait for "validation" to be successful.

 

3. You can then use Transfer between Accounts found in the Account Tools Tab to transfer funds.

 

4. Frequently Asked Questions:

 

  • Can I add an account belonging to someone else to my account list for funds transfers?

    Yes, you can add another person's USAA or non-USAA checking or savings account. However, you will only be able to make deposits into these accounts.
  • How do I add a non-USAA account or another member's USAA account to my account list for funds transfers

     

    There are two ways to add an account for funds transfers on usaa.com.

        1. From My Account Tools Tab Drop Menu, under the Transfer between Accounts section, select  Add an Account.


        Or,


        2. Download the  Account and Transaction Authorization Form  and follow instructions shown on the form.

    IMPORTANT: You will need to provide the transit routing number, account number and the accountholder name for the account you're adding. To help protect you from fraud and theft, we will need to review the account before it can be used for funds transfers.

  • What if my Funds Transfer Question is Not Shown?

    Click here to visit the full Frequently Asked Questions Section about Funds Transfers.

Keeping Members Informed

Re: How to Transfer / Send Money to an Individual Using USAA Website

JanP's avatar User  JanP  (Opens a pop up layer) Contributor

Would this show up as an ACH transfer on the non-USAA account, or a direct deposit like a paycheck does?  Thank you. 

Re: How to Transfer / Send Money to an Individual Using USAA Website

TaraCrooksUSAA's avatar User  TaraCrooksUSAA  (Opens a pop up layer) Guest Author

JanP,

It may depend on the type of account. Mine has always looked like an ACH to my other non-USAA account. If you want to discuss specifics I would call a member service specialist. You can contact them here here to provide them with additional detail and your member information. You can also reach a service specialist at 1-800-531-8722.

Re: How to Transfer / Send Money to an Individual Using USAA Website

seeker407's avatar User  seeker407  (Opens a pop up layer) Contributor

Okay.. I just want to confirm. We are talkinga bout adding another person's account to MY usaa account so I can do Direct Deposits for bill payments. right? if YES, I have 3 questions: 1 is this legal? 2 Is this free? 3 What are the risks (can they take mone out of my account? what is the WORSE they can do to me if they wanted to. "they" being the person who owns the other bank account I am depositing money into) Thanks

Re: How to Transfer / Send Money to an Individual Using USAA Website

USAA Social Service's avatar User  USAA Social Service USAA Service

seeker407,

 

Correct, you can add another person's account to the Funds Transfer feature. This would allow you to transfer funds, similar to a direct deposit, to that person's account. And best of all, it is perfectly legal, convenient and free. There are no risks since the person does not have your account information, which also means they can not take out funds from your account.

 

Thanks again.

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