- Will the transfers and payments that I had set up in the previous system carry over?
- How do I transfer money between my accounts on the same membership?
- Can I transfer money to another Wave member?
- Can I transfer money to another Wave account that I am an owner of?
- Can I transfer money to my non-Wave account?
- Can I transfer money to someone who is not an Wave FCU member?
- How do I make a loan payment?
- Can I set up automated loan payments?
- How can I get a pay-off for my loan?
1. Will the transfers and payments that I had set up in the previous system carry over?
If you had bill payments set up in the previous online banking system, they will continue as scheduled. Transfers set up previously by members through online banking, will need to be set up again.
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2. How do I transfer money between my accounts on the same membership?
In online banking, select Transfers & Payments from the left-hand navigation. On the Make a Transfer or Payment screen, you will need to select where the money is coming from (section 1) and then where you want the money to go to (section 2). Once you do that, you will be able to specify how much you want to transfer and when (section 3).
In the mobile app, select Transfers from the left-hand or pop-up menus. Then, select where the money is coming from and where you want the money to go to from the drop downs. Once you do that, you will be able to specify how much you want to transfer and when.
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3. Can I transfer money to another Wave member?
Yes. Simply follow the steps for performing a transfer and, when you select where you want the money to go to, select Another Member from the bottom of the list of accounts. In order to send money to another Wave member, you will need to know their account number and last name. If you do not know this information, you can send them money via Allied Payment P2P using your Wave checking account.
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4. Can I transfer money to another Wave account that I am an owner of?
Yes. The easiest way is to Link Memberships so that all of the memberships that you are an owner of appear under your username. Or, you can follow the steps for performing a transfer and, when you select where you want the money to go to, select Another Member from the bottom of the list of accounts. Then input the other account number and last name on the account.
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5. Can I transfer money to my non-Wave account?
Yes. Simply follow the steps for performing a transfer and, when you select where you want the money to go to, select An External Account from the bottom of the list of accounts. In order to send money to an external account, you will need to know the bank name, routing number, account number and type of account.
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6. Can I transfer money to someone who is not an Wave member?
Yes. You can send money from your Wave checking account to nearly anyone, anywhere by using Wave's Send Money feature (person-to-person payments), which is powered by Allied Payment P2P.
In the mobile app, select Send Money from the left-hand or pop-up menus. Then, select which account the money should come from, along with how much. You will then need to enter the recipient's email or mobile phone number.
In Online Banking, select Transfers & Payments from the left-hand navigation. On the Make a Transfer or Payment screen, you will need to select your checking account as where the money is coming from (section 1). Then, select Any Phone or Email as where you want the money to go to (section 2). Then, input the recipient’s name, email address or phone number, and the country (section 3). You can then specify how much you want to send and how you want to send it.
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7. How do I make a loan payment?
In online banking, select Transfers & Payments from the left-hand navigation. On the Make a Transfer or Payment screen, you will need to select where the money is coming from (section 1) and then select which loan you would like to pay (section 2). Once you do that, you will be able to specify how much you want to transfer and when (section 3).
In the mobile app, select Transfers from the left-hand or pop-up menus. Then, select where the money is coming from and which loan you would like to pay from the drop downs. Once you do that, you will be able to specify how much you want to transfer and when.
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8. Can I set up automated loan payments?
Yes. Automated loan payments can be set up in online banking. Simply follow the steps for performing a transfer and select Recurring Transfer after you specify how much you want to pay (section 3). You can then choose when you want your payments to start, how frequently you want to make payments, and when you want them to end.
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9. How can I get a pay-off for my loan?
You can get same-day loan payoff information from the Accounts Overview screen. Click the loan account you want to get more information on. You will then see an option for “Pay Off”. This quote will include all accrued interest and is valid for same-day payoff amounts only.
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