Electronic Funds Transfer (E-Cheque)
E-Cheques will enable you to transfer funds from your Credit Union account to a bank account of your choice (within ROI)
- No more paper cheques and hassle of lodging or posting them
- Money will be in the bank account within 3-5 days
- Safer than carrying large sums of cash
- IT'S FREE - Yes, this service is free to our members - we do not charge transaction fees for E-Cheques!!
Whenever you want to make a transfer, simply call into the Credit Union, do your withdrawal as usual and ask for an E-Cheque.
As well as sending funds to your own account, this facility can be used in many different ways. Some examples:
- When drawing down a loan, e.g. a car loan, the funds can be paid directly to the account of the seller.
- If sending cash to a friend or family member, you can have their bank account credited.
- If paying fees, etc., funds can be paid directly to the bank account of the supplier.