Note: there’s a $20 fee for each outgoing domestic wire transfer from your Ally Bank account. When you wire money from your Ally Bank account to your Ally Invest account, you’ll automatically receive a reimbursement for the $20 wire transfer fee in your Ally Invest account within 2 business days.
We may contact you by phone to verify your wire transfer request. Keep in mind, you can’t request an outgoing international wire transfer.
When sending a wire from your Ally Bank account to another bank in the U.S.:
We charge a $20 fee each time.
When you wire money from your Ally Bank account to your Ally Invest account, you’ll automatically receive a reimbursement for the $20 wire transfer fee in your Ally Invest account within 2 business days.
When receiving a wire to your Ally Bank account:
We don't charge you to receive a wire (domestic or international) to your Ally Bank account but the bank sending the wire may charge you a fee.
Keep in mind, you may also be charged a fee by an intermediary bank.
To avoid wire transfer fees by intermediary processing banks: Instruct the sending bank to use the code "OUR" in field 71A (details of charges) to require the sending party to pay the intermediary fees.
Online transfers between Ally Bank accounts are immediate.
Standard transfers between Ally Bank and non-Ally Bank accounts, requested before 1 am ET Monday – Friday, will take 3 business days.
Keep in mind, transfers between banks aren’t processed on weekends and federal holidays, so transfers take longer at those times.
Next-day Transfers
Transfers eligible for next-day delivery between Ally Bank and non-Ally Bank accounts, requested before 7:30pm ET Monday – Friday, will take 1 business day.
We determine eligibility for next-day transfers based on account tenure (so new accounts aren’t eligible), account activity, and transfer activity such as overdrafts and returns. To combat fraud, we are selective about when we offer next-day transfers.
You will not be charged a fee for standard or next-day transfers.
No, we don’t charge a fee to transfer money from or to your accounts at another institution. You should check with your other bank to see if they charge a fee.
Once you log in to online banking, choose Transfers. Select the account you want to transfer money from and the account you want the money transferred to, enter the amount you want to transfer, and set the frequency of recurrence.
Either account holder can view pending transfers, but only the person who created the transfer can change or cancel it online. If you need to make a change, please check with account holder who created the transfer.
Once you log in to online banking, select Transfers, and then choose Other Banks.
We'll ask you to provide the following information for the other account:
Routing number
Account number
Account type
We verify the ownership of your accounts at other institutions before you can use them to transfer funds. Call us 24/7 at 1-877-247-2559 if you need assistance.
Once you log in to online banking, select Transfers. Choose Activity to review, edit or cancel your scheduled transfers. Keep in mind, transfers between your Ally Bank accounts are immediate, so they can't be canceled or changed.
When you set up an account at another institution for transfers, we make small trial deposits (less than $1.00 each) into the account and ask you to verify the amount of each deposit. This lets us know you own the account and that we have the correct routing and account numbers.
If you need to cancel or change your request, call us immediately at 1-877-247-2559. However, there’s no guarantee the transaction can be stopped once it’s submitted.
Federal law limits other electronic, telephone and check transactions to a total of 6 per statement cycle. These limited transactions can be to other accounts or to a third party. If you go over the limit we charge $10 per transaction.
You can always call us and request a check made out to you. You can also make unlimited deposits.