Online Banking, Bill Pay and Interbank Transfer

With RFCU's FREE Online Banking you can view complete account information, review account history (and download your account history into Microsoft Money or Quicken), withdraw money by check and, transfer money between your RFCU accounts. You may also use our Interbank Transfer service to transfer money between your RFCU account(s) and accounts you have at other financial institutions*!

Click on our new Online Services Brochure (right) for details!

Enroll in Online Banking now by completing one of the applications below:

• Personal Online Banking Application
• Business Online Banking Application

Click here to return to the home page to access Online Banking.

Bill Payment

RFCU's Bill Payment Service allows members with personal accounts to pay an unlimited number of bills for FREE! Online Bill Pay is an easy way to make payments to anyone - a retail store, another financial institution, or a person without writing a check. You simply enter the due date, the payee information, and the amount of the payment. The funds are automatically deducted from your checking account - you save a stamp and a check! Online Banking access and a checking account are required.

To add additional Funding Accounts for your Bill Pay, please send a request using our Secure Email form located under Contact Us.

Interbank Transfer

Interbank Transfer service makes it easier for members to manage their finances. Online Banking users are now able to:

• Move money between RFCU accounts and accounts at other financial institutions and vice versa (provided they have the same account registration).
• Make standard transfers of money into an RFCU account for FREE.

This does not replace Bill Pay, you can still pay your vendors using RFCU's FREE online Bill Pay service, and you can set up anyone as a payee and they will receive a check.

1. Primary account holder should log in to Online Banking
2. View the Interbank Transfer tour
3. Agree to the terms and conditions
4. You'll then be asked for personal information to confirm your identity.

How to sign up:

1. Primary account holder should log in to Online Banking
2. View the Interbank Transfer tour
3. Agree to the terms and conditions
4. You'll then be asked for personal information to confirm your identity.

How to add an account:

You will need a check or deposit slip from your other financial institution(s) in order to add an account.

1. Log in to Online Banking, select "Transfers" then select "Interbank Transfer."
2. Select "Add Account"
3. Enter the financial institution's name
4. Enter the financial institution's ABA Routing number.
5. Click on the name of the financial institution.
6. Enter the account type, account number, select the routing number and click on "Continue"
7. You will view a screen that explains the trial deposit process, click "Submit" at the bottom of the page.

A confirmation screen will appear indicating the date your trial deposit request was submitted. The confirmation process typically takes three days. You can start transferring funds to each institution as soon as you get a confirmation. This process should be completed for each external financial institution you would like to have an Interbank Transfer service relationship with.

Institution-to-Institution Transfers

Transfer funds between RFCU savings or checking accounts and accounts at other banks, credit unions and brokerage firms. Transfers can be set up as a one time transfer or can be scheduled for a future date. Recurring transfers can also be set up. It's safer, faster and easier than mailing deposits. Certain monetary limits do apply.*

How to make an Institution-to-Institution Transfer:

1. Before you can make a transfer you must add the institution's information and verify that they accept online transfers in the Add Account tab.
2. If you have an internet relationship with this other account, verification can be done in minutes, and you may start the transfer funds process. (Please note: not all institutions have online capabilities.)
3. For all other institutions a deposit verifi cation request for that Institution will be done. Two small deposits will be sent to the institution you are adding.
4. Three to four business days from the initiation of verification, check your account at the non-RFCU institution to see if the deposits have been made.
    
5. With these two successful deposits, you can now verify this institution under Add Accounts, enter the amounts of the deposits, and select Confirm.
6. Deposits and Withdrawals can now be made using this account under Interbank Transfer. Most transfers will occur between 3 to 4 business days.

You can view the status of your payment at any time in the Overview page of Interbank Transfer when you are logged into Online Banking.

Pricing:

Standard Transfers (3 business days)

Premium Transfers** (next day)

Security
The Interbank Transfer Service is safe and secure. You'll appreciate the steps that ensure that only you and your financial institution have access to transferred funds. 128-bit SSL encryption is used when communicating data over the ACH network.

*Accounts that have been set up and verified can immediately process a transfer in or out with the following limits:
- Inbound limit is $2,000 per day; $5,000 per month
- Outbound limit is $15,000 per day; $25,000 per month

To increase the inbound limits to $15,000 per day; $25,000 per month, the following criteria must be established:
- Member must have been an established Interbank Transfer user for 3 months
- Member must not have any negative activity or NSF's related to Interbank Transfer
- Member must have completed at least one $1,000 transfer from the external account to the internal (RFCU) account.

**For next day processing, accounts must meet the following balance criteria:
- For inbound transfers, RFCU account must have an available balance of $750. For outbound transfers, RFCU account must have an available balance of $750 plus the amount of the transfer.