Transfers made easy
- Transfer money between your Alliant accounts, other member accounts and accounts at other financial institutions
- Schedule your transfers as one time, future or recurring
For checking accounts, there are no limits on the number of transfers you can make in a calendar month.
For savings accounts, you can make up to 6 preauthorized, automatic, telephone, electronic or audio response transfers to another account of yours or to a third party during a calendar month per federal regulations. Of these 6, you can make no more than 3 transfers to a third party by check or debit card. A preauthorized transfer includes any arrangement with us to pay a third party from your account upon oral or written orders including orders received through the automated clearing house (ACH). You can make unlimited transfers at an ATM, in person at a Service Center, through the mail or to any Alliant Credit Union loan. However, we may refuse or reverse a transfer that exceeds these limitations and may assess fees against, suspend or close your account.
You will need to go through a setup verification process before you can make the first transfer to & from another financial institution. Please note ACH transfers are not immediate and follow the Automated Clearing House (ACH) network timeline and cut off times.
|Transfer Request Received||Funds Should Post*|
|Monday - Friday, Before 12:00 pm (Noon) CT||Next Business Day|
|Monday - Friday, After 12:00 pm (Noon) CT||Second Business Day|
|Federal Holidays & Weekends||Second Business Day|
|*Business days are Monday through Friday excluding federal holidays and weekends. Actual posting times at other financial institutions may vary. Please contact the other financial institution for their posting times. Incoming transfers will post at Alliant by 9:00 am CT. Outgoing transfers will be withdrawn from your Alliant account on or around 12:00 pm (Noon) CT.|
A wire transfer can also be used to move money between financial institutions electronically. Although a wire transfer is faster, it is not free. Alliant charges $25 for a domestic wire transfer and $50 for an international wire transfer, whereas ACH transfers are free of charge.Examples
If you initiate a transfer through Alliant online banking before 12:00 pm (Noon) CT on Monday from your Alliant account, the funds will be drawn on or around 12:00 pm (Noon) CT on Monday and will post to your other financial institution's account on Tuesday morning. (Previously the transfer would have posted on Wednesday.)
If you initiate a transfer through Alliant online banking before 12:00 pm (Noon) CT on Monday from an account at another financial institution, funds will post to your Alliant account by 9:00 am CT on Tuesday morning. Funds should also be drawn from your account at the other institution on Tuesday morning. (Previously the transfer would have posted on Wednesday.)