With a few exceptions, online money transfers are permitted between accounts that were opened by the same person and share the same social security or tax identification number. The scenarios below best explain the transfer rules.
If the transfer you desire cannot be done online, contact us to learn how you can make the transfer.
Transfers between Individual Accounts
Account Ownership | Online Transfers |
---|---|
| Yes |
| No |
Transfers between Joint Accounts
Account Ownership | Online Transfers |
---|---|
| Yes |
| No |
| No |
Transfers between Joint and Individual Accounts
Account Ownership | Online Transfers |
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|
|
|
|
Transfers between IRA Accounts
You cannot transfer money between IRA Accounts online.
Transfers between IRAs and Individual Accounts
Account Ownership | Online Transfers |
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|
|
Transfers between IRAs and Joint Accounts
Account Ownership | Online Transfers |
---|---|
|
|
|
|
Transfers to or from Custodial Accounts
- You can transfer money from an individual account to a custodial account online if you created the custodial account.
- You cannot transfer money from a custodial account to an individual account online.
- You cannot transfer money between a joint account and a custodial account online.
- You cannot transfer money between an IRA and a custodial account online.