How Do I Transfer Funds from My Charles Schwab Account?

You can transfer funds from your Charles Schwab account to another Schwab account or another bank account. The method you choose depends on how much money you want to transfer and how quickly you need to send the funds. To transfer funds, follow the different methods below.

Log Into Your Account

• Sign in to your account.
• Click on the Transfer Funds tab.
• Select Transfer Funds from the drop-down menu under To and enter the recipient's bank information.

Transfer and Pay Button

• Click on the Transfer and Pay button in the top right-hand corner of your screen.

You'll see the screen, which contains all of your transaction histories.

This will present an options list for transferring funds from your account.

From this window, you can do the following:

• Transfer money between your Schwab and Schwab Bank accounts (for example, transfer from a checking account).
• Pay bills through Checkfree BillPay services or use Zelle.

Send Funds Between Your Schwab Bank Accounts

• Click on the Transfer and Pay button.
• Select the Transfer Funds To Another Account option from the drop-down menu.
• Select an available bank account from which you wish to transfer funds.
• Provide complete details of both accounts, before completing the process.

Transfer Funds From Another Bank to Your Schwab Account

• Click on the Transfer and Pay button.
• You'll see options for transferring funds from another bank to your Schwab account.
• Choose the option that works best for you.
• Follow the instructions to complete your transfer.

Split Up a Transfer Between Two or More People

You can split the transfer between two people or more.

• To do so, click the Split button.
• Choose from which account you'd like to transfer.
• How much that you want to send to each account.

Send Money to Someone Else

To send money to someone else:

• Click on the Send Money to Someone Else option from the main menu.
• Enter your recipient's name and email address in the appropriate fields, with the dollar amount you wish to transfer or select an existing saved profile.
• You can also add a note with your payment if you'd like.
• Click Next.
• Review all your information before submitting it for processing.
• Check off Yes next to I agree.

Send Money Now

• To transfer funds to a person or organization, go to the account you want to send money from.
• Click the Transfer Money tab.
• You can choose to send an e-mail or text message alert with the transfer details.
Select how much money you'd like to send.