Money Movement Services

Electronically transfer funds to and from your NEFCU accounts with ease. We offer two solutions on NEFCUOnline for getting your money where you need it without stepping foot outside of your home or writing a check:   

  • Popmoney®  ̶  Electronic transfers to/from another person with any U.S. bank account.
  • External Funds Transfer  ̶  Electronic transfers between your NEFCU accounts and other accounts you own.

To use these services, you must be at least 18 years old and a resident of the United States. Your personal NEFCU checking and savings accounts are eligible for these transfer services but you must be listed as the primary account holder for the account to display as an option. At this time, business and specialty accounts such as trust, estate, and guardianship accounts are not eligible. Other qualifications, limits and restrictions apply and may change over time. Please refer to our Pricing Schedule for any applicable fees.

Ready to get started?
Both Popmoney and External Funds Transfer are located under the Move Money tab within NEFCUOnline. Popmoney is also available on the NEFCU Mobile App for the convenience of sending other people money from your mobile device. Once you register and accept the terms and conditions for these services, you’ll be ready to start enjoying the security and convenience of these money movement services. Simply follow the online prompts to start adding external accounts and contacts.

Popmoney®

Popmoney® is a personal payment service that allows you to send, request and receive money from another person with any U.S. bank account. Whether you're sending a last minute gift or splitting the check for dinner with friends, you can do it without writing a check or going to an ATM.

All you need is your contact’s email address, mobile number, or bank account information to move money from your account to theirs. The receiver you establish will be notified by email or text message that money is waiting for them. They can accept the money through their own online banking if their financial institution is in the Popmoney network. Otherwise, the recipient can establish credentials on Popmoney.com to electronically direct funds to the account they specify.

Features include:

  • Send money to another person with any U.S. bank account.
  • Receive money from others directly into your NEFCU account.
  • Request money from others.
  • Add up to 50 active contacts.
  • Establish one-time, scheduled or recurring transfers.
  • Choose (within limitations) the delivery speed to meet your needs: Standard (three business days) and Next Day (one business day).

For more information about using Popmoney, please refer to these Frequently Asked Questions.

External Funds Transfer

External Funds Transfer is a secure online money transfer service that allows you to move money between your NEFCU accounts and accounts you own at other financial institutions.

Adding an external account is simple. Just enter the required account details (account number and routing number) and then follow the online prompts to validate your ownership of the external account.

Features include:  

  • Quickly and securely transfer funds between your NEFCU accounts and other accounts you own.
  • Add up to five external accounts.
  • Establish one-time, scheduled or recurring transfers.
  • Choose (within limitations) the delivery speed to meet your needs: Standard (three business days) and Next Day (one business day).