External Transfers

External Transfers

Transfer funds to or from your accounts at other financial institutions. Transfer funds between banks without writing a check!

Features

External Transfers allow personal online and mobile banking customers to transfer funds to or from their accounts at another financial institution. To begin the enrollment process, log in to your State Bank online or mobile banking and follow the steps below!


Online Banking External Transfer Enrollment

  • Log in to Online Banking and select External Transfers.
  • Review the enrollment information and click Enroll.
  • Review the agreement, and click I Agree and Accept.
  • Enter your account name, financial institution name, routing number, account number, indicate the account type, then click Submit.
  • Your external account is now listed on the on the Enrolled Accounts page. At this point, our system will send one Micro Deposit to the external account you set up, which might take a couple of days. Click Return to exit the enrollment process.
  • Once you receive the micro deposit in your account, verify the amount in State Bank's online banking. To verify an account, log in to online banking and click External Transfers.
  • Choose Enrolled Accounts.
  • In the row where your account is listed, you will see a text box where you enter the verification amount that was sent to your external bank. Enter the amount and click Submit. The amount can be entered as a number with no decimals required. For example, if $0.05 was deposited in your external account, you can simply put 5 in this field.
  • If the correct amounts are entered, the account will become verified. You can now initiate external transfers by clicking the New Transfers tab.

Mobile Banking External Transfer Enrollment

  • Open the State Bank mobile banking app and choose the Menu icon (it looks like three, stacked horizontal lines) then choose Accounts.
  • On the accounts menu, choose the "+" icon.
  • Choose Make external transfers.
  • Enter your online banking password, and click Submit.
  • Enter your account name, financial institution name, routing number, account number, indicate the account type, then click Submit.
  • At this point, our system will send two Micro Deposits to the external account you set up, which might take a couple of days. Click OK to exit the enrollment process.
  • Once you receive the Micro Deposits in your external account, verify the amount in State Bank's mobile app. To verify an account, access State Bank's mobile banking app. Choose the Menu icon (it looks like three, stacked horizontal lines), and then choose Settings.
  • Choose External Transfers, then the account you wish to verify.
  • Enter the amounts of each of the Micro Deposits and click Confirm. If the correct amounts are entered, the account will become verified. You can now initiate external transfers in the Transfers function of the mobile app.