How to Transfer Apple Cash to Bank?

How to Transfer Apple Cash to Bank? 

Apple pay is a fast and convenient way to send and receive money through your iPhone. However, a common question is, “Can you transfer Apple Pay to a bank?” Yes! Not only is it possible, but it’s easy and effective. Without this capability, Apple Pay would not be able to reach its potential as a full-service payment platform and severely limit users in how they can use the money they receive. Let’s see how to transfer Apple Cash to the bank and make the most of this service.

How to Transfer Apple Cash to Bank?
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How to Transfer Apple Cash to Your Bank?

Open  the Wallet app  or tap the  Wallet icon in the Control Center. If you’re using an iPad, you’ll find Wallet and Apple Pay in Settings.

Tap  Apple Money Card .

If you’re using an iPhone, tap the  More button icon .

Tap  Bank transfer .

If you haven’t connected your bank account yet, enter your routing and account numbers and re-enter them to confirm.

Enter the amount you want to transfer, then tap  next .

Choose either  Instant Transfer , which comes with a small fee, or  1-3 Business Days , which has no fee.

Tap  Convert .

A notification will appear at the top of the screen informing you that the transfer request was successful. 

How to Transfer Money to Your Bank or Eligible Debit Card?

When you transfer money from your Apple Cash card, you can either use a bank transfer to send funds to your bank account in 1 to 3 days or you can use Instant Transfer to send funds instantly to an eligible Mastercard or Visa debit card.

Transferring Your Apple Cash Balance 

Transfer Instantly to an Eligible Debit Card

First, make sure that your iPhone or iPad has the latest version of iOS or iPadOS and add an eligible debit card in the Wallet app.

Then, make an Instant Transfer:

Go to your card info:

On iPhone: open the Wallet app, tap your Apple Cash card, tap the More button the more button, then tap Transfer to Bank the transfer to bank button.

On iPad: open the Settings app, tap Wallet & Apple Pay, tap your Apple Cash card, then tap Transfer to Bank the transfer to bank button.

Enter an amount and tap Next.

Tap Instant Transfer.

If you haven’t added an eligible debit card, tap Add Card and follow the instructions on your screen to add a Mastercard or Visa debit card.

Tap Transfer. Then tap > to select the debit card that you want to transfer funds to and select the billing information for your chosen debit card.

Your funds should transfer within 30 minutes.

Transfer in 1 to 3 Business Days to a Bank Account

Go to your card info:

On iPhone: Open the Wallet app, tap your Apple Cash card, tap the More button the more button, then tap Transfer to Bank the transfer to bank button. 

On iPad: Open the Settings app, tap Wallet & Apple Pay, tap your Apple Cash card, then tap Transfer to Bank the transfer to bank button.

Enter an amount and tap Next.

Tap 1-3 Business Days. If you don’t have a bank account set up, follow the instructions on your screen to add one.

Tap Transfer. Then confirm with Face ID, Touch ID, or passcode.

Your funds should transfer within 1 to 3 business days.

Conclusion:

Now you know how to transfer Apple Pay to your bank. If you selected Instant Transfer, you will see the money in your account within thirty minutes. 1-3 business days will take longer but it will appear in one to three business days as its name suggests. Once you’ve entered your bank account information once, you won’t need to do it again.

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