KeyBank, dedicated to making banking simple, is one of the country’s major banking and finance organizations. Since bank-to-bank money transfers are becoming quite common and useful, it is important to address the question: Can I transfer money from Keybank to another bank?
- You can transfer money from Keybank to another bank by Open account > Transfer money > Add bank > Bank account details > Link > Transfer money > Amount of money > Confirm transaction.
- The transaction may take up to 4 days.
- There are no additional charges for bank to bank transfer.
…and Much More!
Can I Transfer Money From Keybank To Another Bank?
Yes. Keybank allows you to transfer funds to an account you have opened in another bank as long as you have linked the two accounts. Let us explain the procedure in simpler words.
- Open your KeyBank account and tap on Transfer Money.
- Select Add an Account and provide the details of the bank account you wish to link.
- Now click on Transfer Money again and choose the account you linked. The name is in the External Accounts section.
- Provide the amount of money that you wish to share.
- Enter the date of the transaction.
- Check the box that mentions “Accept terms and conditions.” Then confirm the transaction, and you will be done!
Note! If you wish to cancel a scheduled payment, you need to access online banking. Mobile app will not allow you to make any such changes.
Can I Transfer Money From Keybank To Another Key2Bank Account?
It’s simple to move money from one Key2Benefits account to another one. However, you must have a Key2Benefits card that has been activated and also be enrolled in Key2Benefits.com to do so.
- Visit Key2Benefits.com and create an account. Then, pick Account to Account Transfer from the left-hand option.
- Put the amount you would like to send.
- Input the account’s routing number and fill in the account number of the account to which you’re transferring money.
- Select the account type to which the funds will be transferred.
- To authorize your request, enter the security code displayed on the screen.
- Select Continue and double-check the data that you have entered.
- Submit is the last option.
How Long Does It Take To Transfer Money From Keybank To Another Bank
KeyBank is similar to other institutions regarding transfer time. This implies that you have to choose the transfer type, which decides how long it takes for the money to be sent.
- Nonetheless, automating the transactions will make the process go much faster.
You can schedule automated transfers weekly, biweekly, or annually. One-time and future-date transfers are available. Moreover, you can see upcoming transfers and transfer history.
In other cases, processing transactions may take up to 4 business days. However, these are currently free of charge.
Extra Reading
Keybank External Transfer Limit
After logging in to Keybank, you can easily link to an external account and transfer money from and to such an account. However, Keybank has an external transfer limit. Currently, the daily limit for sending money is set at $1,000. Each day starts at midnight Central Time and ends at 11:59 p.m. Central Time.
Keybank Zelle limit is the same as Keybank has partnered with Zelle Network to allow for convenient money transfers between Zelle users or institutes that have partnered with Zelle.
You might be interested in reading: Zelle Transfer Limit.
The Bottom Line
If you have an account in KeyBank, the good news is that you can easily transfer funds from and to another bank account as long as you have linked the two of them.
Moreover, the transfers should take little time. You can also make the transaction instant by paying a small fee.
Frequently Asked Questions
Does it take long to send money from Keybank to another bank?
You can set up automated transfers in KeyBank. These transactions may take up to 4 days, but do not charge customers any fee.
Can I withdraw money from Key2Benefits accounts?
You can transfer funds to a personal checking account or savings account using online banking. However, a withdrawal limit of $5,000 is applicable on all KeyBank accounts.
What is the Keybank international wire transfer fee?
When sending an international wire via KeyBank, you will be charged a $45 service fee. Additionally, a 5% to 7% exchange rate margin applies.
Jamie Johnson is very enthusiastic Kansas City – based freelance writer, and her core expertise are finance and insurance. She has been endorsed on several personal finance, insurance & business website to share her thoughts. Her publications can be found on famous sites like Bankrate, The Balance, Business Insider, Chamber of Commerce and many others.
From many years, she served more than 10,000 hours of research and writing to more than 2000 articles related to personal finance, credit building, mortgages, and personal and student loans.
