Bank-to-Bank Transfer is an online banking service that lets you quickly and easily transfer money between your CommunityBank accounts and accounts you have at other financial institutions.
*Restrictions apply. Please see eligibility requirements.
Is there a difference between transfers and Bank-to-Bank Transfers?
Yes, transfers are internal transfers between your accounts at CommunityBank and Bank-to-BankTransfers allows you to transfer between accounts at other Financial Institutions.
How many accounts can I enroll?
You may enroll up to 3 DDA or Savings accounts. You cannot transfer to Loans.
How long will it be before I can access the funds at the other Financial Institution?
There is an enrollment period. You will need to verify that you are an owner on the other account by completing the verification process. You have up to 7 days to complete your enrollment. Verification instructions will be displayed to you during the enrollment process. Once verification is complete and approved by CommunityBank then you may begin using the service.
What is the cutoff time from initiating transfers?
The cutoff time is 4:30 PM CST.
Outgoing transfers – will reach the other financial institution the next business day and will be posted in accordance with the receiving bank’s availability and transaction processing schedule.
Incoming transfers – will be credited with nightly processing. Hold restrictions may apply. See terms and conditions for the product.
Is there a limit to the number of transfers?
There is a limit of three inbound transfers per day not to exceed a total of $1,500.00
There is a limit of three outbound transfers per day not to exceed a total of $2,000.00
Is there a fee for this service?
There is no fee for inbound transfers. We do have a $1.00 fee for all outgoing transfers. Outgoing transfers in excess of six per cycle to savings or money market accounts that are restricted are subject to a $20.00 fee for each withdrawal. Check your account type to see the restrictions.
Can I cancel a transfer?
One time immediate transfers cannot be canceled. Future dated and recurring transfers may be canceled by 4:00 PM CST the day prior to the scheduled transfer. If the transfer is In Process, Pending or Processed you cannot cancel the transfer.
- For Consumer accounts only – no Business account access
- Must be a Community XPress Banking customer
- Must have established account for more than 30 days
- You must be an owner on the account at the other Financial Institution
- Account must be in good standing – no NSFs in the last 90 day period
- No Start Fresh accounts or accounts that have signed a Fresh Start agreement.