Money transfers are now easier and more convenient than ever in the current digital era. Sending and receiving money directly from your iPhone, iPad, or Apple Watch is possible with Apple Pay, one of the top mobile payment services. But occasionally, you might wish to move the balance from your Apple Pay account to your bank account for a variety of reasons, like making bigger purchases or paying bills. This detailed instruction can help you if you’re wondering how to move money from Apple Pay into your bank account.
Step 1: Launch the Wallet App
Find the Wallet app on your iPhone or iPad after unlocking it first. On iOS devices, this software usually comes pre-installed and is represented by an icon featuring a white wallet on a blue background. Once you’ve located the Wallet app, tap on it to open.
Step 2: Choose Your Apple Cash Card
You can see a number of cards in the Wallet app that correspond to your payment methods, such as your Apple Cash card and credit and debit cards. Your Apple Pay balance is kept on the Apple Cash card. To continue, tap your Apple Cash card.
Step 3: Select “Transfer to Bank” by tapping on it.
You’ll see a number of options after choosing your Apple Cash card, one of which is “Transfer to Bank.” Press this button to start the transfer procedure.
Step 4: Enter the desired transfer amount
You will be asked to enter the amount of money you want to transfer from your Apple Cash card to your bank account after choosing the “Transfer to Bank” option. You may choose to enter the amount manually using the keypad or select one of the predefined amounts provided.
Step 5: Select Your Financial Account
The bank account to which you wish to transfer the funds must then be chosen. It should be an option if you have previously linked your bank account to Apple Pay. If not, you might have to follow the on-screen steps after tapping on the “Add Bank Account” option to input your bank account details.
Step 6: Confirm the Transfer
After choosing your bank account and entering the amount, check the information to make sure everything is accurate. To complete the transaction, tap the “Transfer” button if everything appears to be in order.
Step 7: Verify the Transfer
You might need to use Touch ID, Face ID, or your device passcode to authenticate the transfer, depending on your security settings. Follow the on-screen prompts to complete the authentication process.
Step 8: Await the completion of the transfer
Apple will process the transaction after verifying the transfer, which could take a few seconds. You’ll get a confirmation message stating that the funds have been successfully transferred to your bank account after the transfer is finished.
Step 9: Check Your Bank Account
Lastly, use an ATM, your bank’s mobile app, or its online banking portal to check your account balance and confirm that the funds have been placed into your account.
There you have it, then! You may quickly move money from your Apple Pay account to your bank account whenever you need to by following these easy steps. Transferring money can let you more conveniently access your finances, pay payments, and make purchases from Apple Pay to your bank has never been easier.
