How do I make a deposit into my account?
There are three ways to fund your new account:
Online funds transfer: If you are an existing customer, log in to your Ally Bank account. If you've already set up your External Account for funding, go to Transfer Funds and select the account you've designated from the drop-down list and follow the prompts.
If you need to add a new External Account, just follow the prompts for this when you log in. We’ll start the process for making your online funds transfer immediately, but it may take up to three to five business days to complete. This depends on how quickly your external account bank can respond to your request and get your money to us.
If you’re a new customer and plan to open an account, setting up a new External Account for online funds transfer is easy. And if you choose to set up your External Account and transfer funds online when you open your account, we’ll make a one time exception and credit your account immediately so you don’t have to wait the three to five business days.
When you open your account, you get to choose whether you want to mail your funding check to us or send it online. If you choose to transfer the money electronically, you’ll set up your External Account at this time.
When you make this choice, a panel opens and asks for the amount of the transfer and your external bank account and routing numbers. (We show you an image of a check to help you quickly know which numbers to enter.) You’ll then be asked whether you want to make transfers from this account in the future. Say “yes,” and we’ll tell you about the two test deposits we’ll make into your account. Once this process has been completed, you’ll see the External Account you’ve indicated in the drop-down list when you make future transfers. If you need us at any time along the way, we’re here to help at 1-877-247-ALLY (2559).
Wire transfer: If you would like to transfer funds from a non-Ally account call us at 1-877-247-ALLY (2559). We'll help you with the information you need to give to the other financial institution.
Mail your deposit: You can also fund your account with a paper check — sorry, we do not accept cash. Make sure the check is endorsed and made payable to you. You should also write "Deposit only" along with your account number on the back. Be sure to seal the envelope properly and mail it to us at:
Ally Bank
P.O. Box 13625
Philadelphia, PA 19101-3625
