How do I initiate an external transfer?

Once you have set up an external account, you are ready to initiate a transfer.

From your account, select Move Money > Transfer Funds, then fill in the details of your transfer.

You’ll receive an email confirmation once your external transfer is complete.*

You can find the limits here.

*Pending transfers do not reflect in your transaction history when scheduled immediately; however, you can confirm the transaction has been scheduled by revisiting Move Money > Transfer Funds and selecting scheduled transfers at the top of the page. The transaction will appear in your Account Details once it has been processed, typically by the next business day.

Additional Money Out FAQ

Happen Bank Resources

Best personal loan rates in 2026: How to compare lenders accurately

The best personal loan rate in 2026 isn't the one with the lowest advertised interest rate: it's the one with the lowest APR, which includes additional finance charges. APR (Annual Percentage Rate) is the only apples-to-apples comparison figure because it includes both the interest rate and any origination fee.

Personal Loan

Jul 12, 2026

11 min read

Credit card consolidation loans: How to pay off multiple cards with one fixed rate

A credit card consolidation loan replaces multiple high-interest card balances with a single fixed-rate personal loan – one monthly payment, one interest rate, and a defined payoff date. For borrowers carrying balances at 21.39% APR or higher, the interest savings are often substantial1. The math works for the same term when your consolidation loan APR is lower than your current weighted average card APR and the fixed monthly payment fits your budget.

Personal Finance

Jul 12, 2026

9 min read

Woman considers how many credit cards she should have.

Home improvement loans: How to finance your next project

The best home improvement loan depends on two things: how much equity you have and how quickly you need the funds. Homeowners with significant equity can access lower starting rates through a Home Equity Line of Credit (HELOC) or home equity loan, but closing costs and appraisal fees may narrow that advantage on mid-size projects. An unsecured personal loan requires no equity, no appraisal, and can be funded in days1 – at a fixed rate that won't move over the life of the project. Happen Bank offers eligible applicants a 1% interest rate discount on personal loans used for home improvement.

Personal Loan

Jul 12, 2026

7 min read

HYSA vs CD: Which is right for your savings?

Both a high-yield savings account (HYSA) and a certificate of deposit (CD) outperform a traditional savings account.

Personal Savings

Jul 8, 2026

7 min read

What investors need to know about the personal loan market

The unsecured personal loan market continues to hit record highs, and despite challenging macroeconomic conditions, shows few signs of slowing down.

Institutional Investing

Jul 29, 2025

4 min read

Related Impact

It's Official—Radius Joins Happen Bank!

Today, we are thrilled to announce the completion of our acquisition of Radius Bancorp, Inc. (“Radius”). In February 2020, we announced our intent to acquire Radius and shared how we can grow and deepen our customer relationships with a marketplace bank.

Company News

Jan 30, 2021

2 min read

Personal Banking Customers: Our Elite and Reserve Tier customers can place a wire via Online banking or the Happen Bank Mobile app. For all other customers, they can reach out to Customer Service at 800.242.0272 to initiate a wire.

Checking Accounts FAQ

Oct 21, 2025

less than a minute read

Can I send a same-day wire, cancel a wire, or initiate a wire by phone?

Domestic wires submitted before 5:30 PM ET. and International wires submitted before 4:00 PM ET. will be sent the same day. Wires submitted after these times will be sent the next business day.

Checking Accounts FAQ

Dec 31, 1969

less than a minute read

How do I withdraw from my account?

You can withdraw funds from the account in three ways.

Checking Accounts FAQ

Dec 31, 1969

less than a minute read

How do I set up Bill Pay?

In your Happen Bank profile, select Move Money > Bill Pay.

Checking Accounts FAQ

Dec 31, 1969

less than a minute read

What are wire transfers and SWIFT codes?

A wire transfer is an electronic payment service for transferring funds by wire, for example, through SWIFT, the Federal Reserve Wire Network, or the Clearing House Interbank Payments System.

Checking Accounts FAQ

Dec 31, 1969

less than a minute read

Related Glossary

Revolving Credit

{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.

R Letter Term

Sep 6, 2023

4 min read

Accrued Interest

{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.

A Letter Term

Mar 21, 2023

4 min read

Annual Percentage Rate (APR)

{noun} The total annual cost to borrow money, including fees, expressed as a percentage.

A Letter Term

Mar 21, 2023

3 min read

Charge-Off

A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.

C Letter Term

Feb 7, 2023

3 min read

Fixed Interest Rate

{noun} An interest rate that remains the same for a set time, usually for the life of the loan.

F Letter Term

Feb 4, 2023

3 min read