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.


Trending Topics

Small Business Loan Requirements in North Carolina

Small business loan requirements in North Carolina can vary from one year to the next, from one lending institution to the next and simply from one case to the next. There are however, a lot of common myths about small...

How Much Should You Have In Savings at Age 25?

If you’re wondering how much you should have in savings by the time you’re 25, you’re already on the right track. At an age where financial independence becomes increasingly more important, how much you can save depends on...

Get the Best Checking Accounts from First Bank in Wilmington, NC

If you are looking for some of the best checking accounts in Wilmington, NC, you are in the right place. With several convenient locations in Wilmington, each offering six types of checking accounts, it’s easy to see...

Remodeling Loan in Aberdeen, NC

If you live in Aberdeen, NC, and are tired of your floors, kitchen counters, or anything else in your home, consider a remodeling loan from First Bank. First Bank offers a variety of personal loan options that can help you...

How to Switch Banks in Asheville, NC

Choosing the right bank for you is important to achieve your financial goals. If you’re unsure if your current bank is meeting your financial needs or are moving to the Western Carolina area, it’s time to think about...

Best Bank for Checking Account – Jacksonville, NC

If you’re looking for the best bank for checking accounts in Jacksonville, NC, it might look a lot like the First Bank’s located on New Bridge Street and Western Blvd. Behind the diversity, convenience and flexibility of...

3 Steps to Creating a Strong and Unique Password

In today’s world, passwords have become an important part of our daily lives. We use them for everything from social media accounts to digital banking, and endless apps in between. Although it is easy to choose the same...

Banks With Mobile Service In Sanford, NC

Mobile banking makes check deposits and other basic banking transactions convenient. In Sanford, NC, First Bank offers our customers a full suite of online and mobile banking capabilities. Mobile Services at First Bank...

What You Need to Open a Business Banking Account

Once you’ve started a business, the money is going to be coming in. You will need a business banking account to keep finances in order and manage cash flow. But, before you head down to your local First Bank,* grab these...

High Yield Savings Accounts in South Carolina

It’s no secret that travel can make you happier, but did you know that it can also improve your social skills, help you accomplish goals, make you more patient, and improve the quality of your relationships? If you want to...