Can I Use Zelle To Send Money to My Other Bank?

Zelle is an online money transfer platform based in the United States and it allows you to transfer money to your other bank account.
Ketcha Brandon
Use Zelle To Send Money to My Other Bank

We are in a world today where every business is based mostly online and some even exist totally online without any physical location and for this reason, transferring money online has become far more essential than in the past years.

Zelle is one of the best financial apps that lets users transfer money between banks and for this, most users often wonder if they can use Zelle to send money to their other bank accounts.

Zelle is a well known P2P payment service mostly based in the United States and it lets users send and receive money to and from their bank accounts in less than no time.

As time goes on, the banks witnesses an increase in the amount of money transferred annually and this, thanks to the bank's instant bank-to-bank transfer service.

From Zelle's statistics, consumers and businesses sent 1.8 billion payments via Zelle Network as of the year 2021, which is a 49% increase from a year earlier. Now, Early Warning Services, LLC, the network operator in charge of Zelle, announced the payments has risen to about $490 billion, which is up by a whooping 59%.

This spike in the amount of funds transferred through Zelle Network, simply shows how easy and convenient the Zelle app is for most of those making use of it.

With all these advantages, sure you might be shocked to know that getting started with Zelle is totally free and will not cost you a dime. All you have to do is to download the Zelle app, signup for an account, and then link your U.S bank account or debit card to it.

If your bank is part of Zelle's Network, then you can easily enroll with Zelle via your bank mobile app.

As soon as you are done linking your bank to Zelle, you can send money to any U.S bank within just a few minutes.

Individuals that have more than 1 bank account might surely want to know if  it is possible to use Zelle to send money to my other bank account.

Stay glued to this article as will provide you with clear explanations to help you leave here without any of such doubts.

Table of Contents

What is Zelle?

Zelle is a popular digital payments platform in the United States that enables users to send and receive money quickly and securely through their banking app or online banking platform. It is a peer-to-peer (P2P) payment system that allows users to transfer funds directly to friends, family, or anyone else who has a bank account within the Zelle network.

The platform was developed as a collaboration between major American banks, including Bank of America, Wells Fargo, JPMorgan Chase, and others. Zelle offers a convenient way to send money, split bills, or make payments for various purposes, such as rent, utilities, and shared expenses.

To use Zelle, you typically need a bank account with a participating financial institution. Many major banks and credit unions in the United States now offer Zelle as a feature within their mobile banking apps or online banking services. Users can link their bank account to the Zelle platform, and once set up, they can send money to anyone with a bank account within the Zelle network using just their email address or mobile phone number.

Payments sent through Zelle are typically processed within minutes, providing quick, near-instantaneous transfers. The funds are directly deposited into the recipient's bank account, eliminating the need for more traditional payment methods, such as writing paper checks or using third-party payment services.

It's worth noting that Zelle is specific to the United States and is primarily used for domestic transactions. While similar P2P payment platforms exist in other countries, Zelle is not yet widely available for international use.

Zelle offers a convenient, fast, and secure way to transfer money between individuals, making it a popular choice for many Americans. However, it's important to check with your bank or financial institution to confirm if they offer Zelle and to understand any potential fees or limitations associated with the service.

It is good you have in mind that Zelle does not support gift cards, international accounts, business debit cards or credit cards.

ALSO READ: What Credit Unions Use Zelle?

How Does Zelle Work?

It is obvious that you cannot use a service without having a proper idea on the it works.

Zelle is a money transfer service and way it works can be comparable to other money transfer apps such as Venmo since they are all based on a peer-to-peer payment scheme.

Zelle can be said to be more unique since it allows you to transfer money between banks in just a matter of minutes.

In order to speed up payments between U.S bank accounts, Zelle makes use of the Automated Clearing House (ACH).

How to Send Money With Zelle

Sending money with Zelle is quite easy especially if your bank is a participating bank or credit union that uses Zelle.

In order to send money with Zelle you can follow the steps below:

  • Choose a contact from your phonebook or better still, add a trusted recipient's email address or U.S mobile phone number.
  • Enter the amount you would like to send alongside an optional note.
  • Double-check the transfer details.
  • Now tap send to send the money.

Most at times, the money will reflect in the recipients account in some few minutes.

ALSO READ: Does Zelle Show Your Name When You Send Money?

Can I Use Zelle To Send Money to My Other Bank Account?

Yes, you can use Zelle to transfer money to your other bank account only if you have another email address and U.S phone number to enroll your other bank with Zelle.

With Zelle, you can only link a single bank account to your profile. This means that there is no way ot you can use more than one bank account with your Zelle account.

This simply means that sending money to your other bank account would demand you to open a Zelle account with a different phone number and email address.

It is clearly stated in Zelle's terms that each user is entitled only to one Zelle account. So it is good you know that opening another Zelle  account is against Zelle's terms.

Can I Connect More Than One Bank Account to My Zelle Profile?

No, there is the no way you can connect more than one bank account to your Zelle profile.

Can I use The Same Phone Number For Two Zelle Accounts?

No, using the same phone number for two Zelle accounts is not possible and if you attempt to use the same phone number previously registered with Zelle to open another account, then you will most likely receive an error message.

How Do I Change the Bank Account I Use to Send and Receive Money On Zelle?

Another amazing aspect of Zelle is that it allows you to change the bank account you use for sending and receiving money on the app. And this of course makes it a great way to use your other bank account to receive money on Zelle.

Below are the steps to use if you want to change the account you use on Zelle:

  1. Press the gear icon found in the top left corner of your mobile screen.
  2. Tap Account
  3. Tap Switch Accounts

From here, now, you will be required to unlink your actual account and add a new account to it.

It is necessary you know that by switching your account, you will lose all Zelle transaction history related to your old bank account.

In case you are enjoying Zelle's services via your bank or credit union's mobile app, or online banking, then you need to check your bank support FAQs or contact their customer support team in order to obtain help changing accounts.

ALSO READ: Can You Use Zelle With a Credit Card?

Final Thoughts: Can I Use Zelle to Send Money to My Other Bank?

Zelle is one of the best financial apps that lets users transfer money between banks and for this, most users often wonder if they can use Zelle to send money to their other bank accounts.

Zelle is a well known P2P payment service mostly based in the United States and it lets users send and receive money to and from their bank accounts in less than no time.

With Zelle, users can only link a single account and are allowed to link just one bank account to their profile and therefore making it difficult to send money to your other bank account.

Nevertheless, you are able to use Zelle to send money to your other bank account of the account has a different email address or U.S phone number.

Frequently Asked Questions

How do I transfer money from one bank account to another?

Telephone and online banking offer a fast, usually free and easy way for you to transfer money into another account.

Can all banks accept Zelle?

No, but Zelle is compatible with nearly all major banks, and most even have the service integrated into their mobile banking app.

What is Zelles limit?

If your bank or credit union offers Zelle®, please contact them directly to learn more about their sending limits through Zelle®. If your bank or credit union does not yet offer Zelle®, your weekly send limit is $500 in the Zelle® app.

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About the Author

Ketcha Brandon
I am Ketcha Brandon, An article writer, content creator, Video producer, Financial Consultant and a certified Google Publisher. I write content for Our website provide information on topics such as bank accounts, Money transfers,…

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