For situations that require automatic funds transfer from your account to another account owned by an individual or business, Arvest offers two convenient methods of transferring funds. The first option is to visit an Arvest branch and request a Funds Transfer. The customer will supply the name of the account in which she wishes to transfer funds from, as well as the fixed dollar amount of the transfer and the date (i.e. the 15th day of each month, every other Friday, etc.) on which the transfer will occur. The customer will also be asked to give the account name, account number and routing number of the account into which the funds will be transferred.
The second option is to set up payments through Arvest online BillPay, which will allow Arvest customers to make changes in the amount, date and frequency of the funds transfer, or will have the option to set it up as a recurring payment. Although the payment is not automatically deposited into the account, it is an efficient way to send money to a third party.
Both options are simple and convenient ways in which anyone can set up regular transfers or payments. Visit any Arvest branch or sign up for Online BillPay to manage your funds transfers today!