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Do I need to approve the transfer in my bank app?

Updated this week

Yes. After you request the transfer in your Beacon Money account and tap Confirm, you’ll be asked to select your financial institution. If you don’t see the logo, use the search bar to find your bank.

You’ll then be redirected to your bank’s app, where you’ll need to approve the money request by following the prompts. Once approved, the transfer will be completed. You should receive the funds immediately or within 60 minutes. Contact your bank if you haven’t received the transferred amount after 60 minutes.

E-transfer requests are valid for 96 hours. If you don’t complete the transfer from your bank within that time, it will be automatically cancelled.

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