External Transfers

Move your money where and when you want it with External Transfers.

Make secure and easy transfers from your online banking account or mobile banking app. 

External Transfers
external-transfers

You have options on how you want to move your money.
One-time Transfers

Make sure your money is right where you need it for large purchases or when bills are due.

Schedule Future Transfers

Pick the date that works for you, up to a year in the future.

Recurring Transfers

Set up a savings plan ans stick to your goals by making transfers automatic. 


External Transfers FAQs

  • What are External Transfers?

    Within online and mobile banking, you can transfer money between your First National Bank account and accounts you own at other financial institutions. Click the Transfer tab and then Launch External Transfers to set up one-time or recurring external transfers.
  • Which accounts are eligible to send and receive external transfers?

    Your First National Bank of River Falls checking, savings and money makret accounts are elibigle.

    Most external checking, savings and money market accounts are eligible, along with some brokerage accounts at select institutions. For non-First National Bank of River Falls accounts, you will need to complete a simple account ownership verification process.

  • Can I make an external transfer from my mobile device?

    Yes, simply sign into your FNBRF mobile app and click the Transfer & Pay tab. From there, select Make an external transfer.
  • Can I use External Transfers to move money to a First National Bank account owned by another person?

    No. External Transfers allows you to transfer money to and from accounts that you own. 
    If you would like to transfer money to another person, we encourage you to use Zelle®.
  • How do I start using External Transfers?

    To get started, select the Transfer tab in online banking. If your account is eligible, you will see a Launch External Transfers button.

    We will also need to verify any non-First National Bank of River Falls accounts before you can use them for external transfers.

    • For most of the major banks, credit unions and brokerages, we can complete online confirmation in less than a minute (on individual accounts for which you have internet access).
    • For other accounts, we will ask you to complete a trial deposit verfication procedure, which typically takes two or three business days.
  • Can I make external transfers to and from my First National Bank of River Falls loan accounts?

    No. At this time, external transfers to and from loan accounts are not available.
  • Can I schedule external transfers for future dates?

    Yes, You can schedule external transfers up to a year in advance. You can also schedule automatic recurring transfers.
  • How do I add accounts to my external transfer account list?

    To get started, select Add a new account from the External account transfer tab. You will be asked to enter the account type, routing number and account number.
  • How do I make one-time external transfers between accounts?

    1. From the Transfer page, select the Launch external transfer button.

    2. Enter the amount you want to transfer, the accounts you want to transfer from and to and the transfer date.
    3. Select Continue.
  • How do I set up recurring external transfers?

    1. From the Transfer page, select Launch external transfers button.

    2. Enter the amount you want to transfer, the accounts you want to transfer from and to, and select the Make recurring link.

    3. In the Make recurring section, enter the start date, frequency and duration of the recurring transfer plan.

    4. Select Continue.
    You will be prompted to review the details of your recurring external transfer. It will allow you to edit, if necessary, before confirming the transfer. After you submit your transfer request, you will get confirmation with a reference number and the details of your transfer.

    You can view and modify the details of each recurring transfer by selecting Edit next to the recurring transfer on the External transfer activity page. Then select Edit all remaining transfers.
  • When do you execute my standard delivery external transfer request?

    If you submit your transfer request before the daily cutoff time, it will be processed electronically on the next business day following receipt of your request.

    If you submit a transfer request after the daily cutoff time, it will be debited from the source account on the second business day following the request date. Please note that all external transfers requested during the weekend, up until the Sunday cutoff time, will be debited from the source account on Monday.

    Future-dated and recurring transfers are processed on their send date. Depending on the financial institution, it may take an additional business day for the transfer to be reflected in the account balance of the destination account.

  • How will I know when an external transfer is complete?

    You can get an up-to-date report on your external transfer requests over the past 180 days on the External transfer activity page. Each transfer request is displayed along with the date and status of the transfer. You can also confirm the completion of the transfer by viewing your account activity with your external financial institution after scheduled completion of your request.
  • Are External Transfers secure?

    Yes. First National Bank of River Falls processes electronic transfer funds via the Automated Clearing House (ACH) secure network. This is the same network used by the Federal Reserve.
    First National Bank submits a request to the ACH network to transfer funds between the accounts you have specified. ACH then uses its secure channels to complete the transaction.