Transfers FAQs
Is there a cutoff time for external transfers to be part of today’s transactions?
Transfers must be processed before 5:00 pm CT to be included with today’s transactions.
Am I able to transfer between my Checking/Savings account to my Loan account and make a Principal Only payment?
In Busey Digital Banking, select Transfers & Payments, then click Loan Payment to choose your payment type.
Am I able to transfer between my Busey accounts and my accounts at a different bank?
Yes. With External Transfers you can transfer between your Busey account and your account at a different bank. Eligible accounts include checking, savings and money market.
- Choose Transfers & Payments from the Dashboard
- Click Transfer Money
- You will then add in the details of the type of transaction, the accounts, the transfer date, and the frequency.
- Payment processing can require up to three days, so plan accordingly.
How do I validate my trial deposits?
- From the navigation menu, click on Account Services
- Click on Manage External Accounts
- The external account will display under Manage External Accounts. Click on the Verify link in the account box
- Enter the dollar amounts and click Submit
Is there a limit to what I can transfer using External Transfers?
The transfer limit when using External Transfer is $2,000 per day when transferring into your Busey account. Please contact Busey directly to review your account to determine if you qualify for an external transfer limit increase and for performing outbound transfers.
Are there limits to what I can transfer between my Busey accounts?
Your transfer is limited to your Available Balance in your account.
When will my external transfer be available?
Incoming external transfers are available in three business days. Outgoing external transfers are available within 1-3 business days.