How Do I Send an Ach Payment from My Goldman Sachs Account?

If you have a Marcus by Goldman Sachs account, you can easily send an ACH transfer to an account at another bank. If you have already linked the recipient's account with your own, the process is very quick. If you haven't, it could take a few days. You can send the transfer using your computer or mobile device.

Christian Allen is the editor / author responsible for this content.
Jul 13, 2023

Marcus by Goldman Sachs is the consumer banking division of the Goldman Sachs investment bank. If you have a Marcus by Goldman Sachs account, you can easily send an ACH transfer to an account at another bank. This article will teach you all about it.

What Is an ACH Transfer?

An ACH transfer is an electronic transfer between two banks. It is processed by a third party clearinghouse as part of a large batch of transfer all done at the same time, so the bank is able to offer it to you for free. It generally takes a day or two to process domestic ACH transfers.

How to Send an ACH Transfer on Your Desktop or Laptop

To send an ACH transfer from your desktop or laptop, follow these instructions:

  1. Go to the Marcus by Goldman Sachs website.
  2. Log in.
  3. Click on the account you want to use to send the money.
  4. Click on Make a Transfer.
  5. Bring up the Transfer Type drop down menu.
  6. Select Online Transfer.
  7. Click on the account you want to send the money from.
  8. Click on the account you want to send money to.
  9. Enter the amount you want to send.
  10. Choose a date for the transfer to be sent.
  11. Click on Continue.
  12. Review the transfer information.
  13. Click on Authorize.

How to Send an ACH Transfer on the Marcus by Goldman Sachs Mobile App

To send an ACH transfer using the app, follow these instructions:

  1. Open the app.
  2. Scroll down.
  3. Tap on Make a Transfer.
  4. Enter the amount you want to transfer.
  5. Select the account you want to send the money from.
  6. Select the account you want to receive the money.
  7. Enter a date for the transfer.
  8. Tap on Continue.
  9. Review the transfer information.
  10. Tap on Authorize.

How to Link a New Account to Your Marcus by Goldman Sachs Account

In order to send an ACH transfer to another account, you first need to link that account with your own. If you have not already done that before making the transfer, follow these instructions to link accounts on a desktop or laptop:

  1. Go to the Marcus by Goldman Sachs home page.
  2. Click on My Account.
  3. Click on External Account.
  4. Click on the + Link a New External Account link.
  5. Click on Manually Link.
  6. Follow the instructions to finish linking the accounts. This process may take a few days.

To link an external account with the app, follow these instructions:

  1. Open the app.
  2. Tap on the Profile icon.
  3. Tap on Linked External Accounts.
  4. Tap on + Add Account.
  5. Tap on Manually Link.
  6. Follow the prompts to finish the linking process. It could take a few days.

Contacting Marcus by Goldman Sachs

If you have questions about your ACH transfer, ask a Marcus by Goldman Sachs customer service representative. You can reach one by chat or on the phone.

 

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Christian has been writing about long hold times and customer service call center experiences since 2010. He's been featured in Bloomberg, the Wall Street Journal and the Boston Globe.
How Do I Send an Ach Payment from My Goldman Sachs Account?

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