Bank to Bank Transfers
You have two options to transfer money between your account at The Bank of Missouri and an account at another bank. In most cases, Bank to Bank Transfer within Online Banking is the best option if you have ownership of both the accounts you are transferring to and from. Smart Pay Express is usually the best option if you do not have control of the account at the other financial institution.
|Bank to Bank Transfers||Smart Pay Express Transfers|
|How You Can Transfer Money||Transfer funds to or from your Bank of Missouri checking or savings account||Transfer funds to your Bank of Missouri account only, no outgoing transfers|
|External Account Requirements||Ownership of the account at the other financial institution is required||Ownership of the account at the other financial institution is not required|
|How to Access||Within Online Banking (a simple verification between the two accounts is required the first time)||Online Payment Portal|
|Per Transaction Charge||No||Yes|
3-day hold on incoming transfers,
|Next business day|
|Other Uses||Schedule recurring transfers||Make payments to a Bank of Missouri loan account, if you do not have a Bank of Missouri checking account|
|Get Started||Give us a call at 888-547-6541||Visit Now|
Automatic Funds Transfers (Automatic Savings)
To help you reach your savings goals faster, you can set up automatic transfers from your Bank of Missouri checking account to your Bank of Missouri savings or money market account. To get started, in Online Banking select “Transfers/Loan Payments” in the menu.