Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

External Transfers

Moving money made easy.
Angled laptop on top of desk sun shining through window

The perfect tool for easy transfers.

For those who support their kids in college or if you’re constantly writing checks between your First Bank account and one at another bank, First Bank’s External Transfer option makes it quick and easy to securely transfer funds.

The Details

  • There’s no fee for transfers of funds to or from your First Bank account
  • Transfer up to $15,000 per transaction, and up to $40,000 per rolling 30 days

Reminder: You must be an owner of both the sending and receiving accounts. This service is for deposit accounts only – transfers to loan payments or pre-paid cards are not available. New online enrollments may have restricted or limited access for an initial period.


How to get started:

To establish a secure connection with the outside account, all it takes is a few clicks. Then you’ll verify micro‑deposits (small amounts of money) that will be temporarily placed in that other account. Once verified, you can use the External Transfer feature as needed.

  • Log in to online banking
  • Click Payments and Transfers from the menu, then click Add External Account
  • Follow the on-screen prompts, then click Continue
  • External Account Authorization page explains how to verify the external account using micro-deposits
  • Monitor the external account for two small dollar deposits. These can take up to three days to appear in the external account.
  • Once those deposits are there, log in to First Bank online banking
  • Click Payments and Transfers from the menu, then click Verify External Account
  • Enter the dollar amounts of the deposits and click Continue (confirmation page will be presented)
  • The external account is now visible in the drop down menu on the Funds Transfer page

Note: Transfers to or from the external account are not available until the micro deposits have been verified.


Featured Articles

How to Get a Home Equity Line of Credit

If you are thinking about taking out a loan to finance a major expense, such as home repairs or college tuition, a home equity line of credit (HELOC) or loan could be a good option. With a home equity line of credit, you...

Earn More with Interest-Bearing Checking Accounts

An interest-bearing checking account offers the interest accumulation of savings accounts with the withdrawal and check-writing ease of checking accounts. This best-of-both-worlds combination allows bank customers to...

5 Financial Tips for Your 30s

Your thirties are a great time to get a handle on your finances and start investing in your future.

Need Help Financing a Wedding in North Carolina?

If you need help financing a wedding in North Carolina, just seek out one of 100+ First Bank locations scattered from Asheville to Kill Devil Hills. We offer a variety of loans that can help you finance the wedding of your...

High Interest Checking Accounts – North Carolina

A high interest checking account in North Carolina can offer a safe, steady solution for those who want to grow their money without much risk. At First Bank, we have several branches conveniently located across the state...

Fraud Protection: 5 Reminders to Avoid Smishing and Vishing Scams

Use these five helpful reminders to stay safe: Stay on alert for suspicious SMS text messages stating payments have been made using your account or Zelle information. These types of messages are called smishing. Phishers...

Budgeting 101: Personal Budget Categories

When it comes to creating a personal budget, it can feel like there are a million financial categories to consider. In order to create a successful budget, everything should be accounted for, from large expenses like your...

Bank Rewards

What if you had a card that gave you the ability to redeem points for what you want when you want it? How would you feel if those points could be redeemed for travel, experiences, gift cards to restaurants, retail and...

Local Banks Near Me

When looking for local banks near you, look no further than your neighborhood First Bank. With locations across North Carolina and South Carolina, you can count on us for all of your banking needs. When you bank with First...

Checking Account Comparison – South Carolina

With over 75 banks located in the state of South Carolina, checking account comparison can be overwhelming. If you live in South Carolina and are looking at opening a checking account, consider stopping in at First Bank....