To transfer funds between your Baselane Banking account and a connected external bank account, follow the steps below:
- Go to the Baselane Banking or Transfers & Payments tab
- Select the ‘Move Money’ button
- Select ‘Transfer Funds’Input the transfer details:
- Step 1: Input the amount, the account you would like to transfer from and transfer into
- Step 2: You have the option to add bookkeeping details (category, a note or an attachment) to the transfer
- Step 3: Review and send the transfer
All ACH transfers will take around 3 business days to complete.
Please note, that it is not possible to transfer funds between a Baselane Savings account and a connected external account. Only with a Baselane Checking account can you do so.
Baselane’s ACH cutoff time is currently 3:00 PM ET. Any ACH transfer instructions received after 3:00 PM ET, on weekends, or on federal holidays will be processed the next business day. You can see the status of this transfer in the 'Activity' section of the Transfers & Payments tab.
To learn more, watch our quick video on How to transfer funds with a Baselane Banking Account below:
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