Ways to Transfer or Move Money
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Here are several ways to transfer money or make payments.
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I want to |
What's the best way? |
Why is it the best way |
What's a good alternative? |
Why is it a good alternative? |
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Transfer my funds to an account at another financial institution (outside Golden 1). |
Use the External Transfer feature in Golden 1's online or mobile banking. |
It's safe, with fewer opportunities for fraud than other methods. |
You can use Zelle to transfer funds. |
Zelle is faster, but not as safe as an external transfer from Golden 1's online or mobile banking. Once you send the funds, it is permanent. |
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Transfer funds to another Golden 1 member. |
Process a member-to-member transfer in Golden 1's online or mobile banking. |
It's instant, with fewer opportunities for fraud than other methods. |
You can use Zelle to transfer funds. |
Zelle is faster, but not as safe as an external transfer from Golden 1's online or mobile banking. Once you send the funds, it is permanent. |
|
Transfer money to another person (I only have their phone or email). |
Use the Zelle feature through Golden 1's online or mobile banking. |
It's fast and secure (keep in mind, it is permanent once sent). |
You can use other online payment methods such as Venmo, CashApp or PayPal. |
Each online payment platform has its own security and fraud prevention tools. |
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Send money to an account at another bank. |
You can send a wire transfer. |
It’s a fast and secure option, and you may send funds internationally. There is a fee for wire transfers. |
Use the External Transfer feature in Golden 1's online or mobile banking. |
It's safe, with fewer opportunities for fraud than other methods. |
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