If you are sending funds to an account the payee has with People’s Credit Union, you can select the “Add an account to make a transfer or payment” option from the “Transfers” tab within your online banking ™ profile. You would then select “Send money to another People’s Credit Union member”, where you can enter the recipient’s name along with their account number, phone number on file, or email on file. After a payee is added, the payee will receive funds from a transfer instantly once the “Submit” button is selected and the transaction cannot be canceled or stopped.
If you are sending funds to an account the payee has at a different financial institution, you can utilize the P2P service within Bill Pay for this purpose. This can be accessed from your online banking ™ profile by selecting “Add Payee” within the “Bill Pay” menu option and selecting the option to pay a person. You can choose to pay the recipient using their account and routing numbers, email address, or phone number. For email or phone payments, the recipient would receive a link to input their information and receive the payment. Please note P2P transfers can take a few business days to complete.