The fastest way to transfer money from Chase
Chase offers three main ways to move money out of your account: Chase QuickPay (to people you know), wire transfer (for larger amounts or international payments), and ACH transfer (the slowest but cheapest option). Which one you use depends on who you're sending to, how much, and how fast it needs to arrive.
If you're sending to another person's bank account within the US, QuickPay is usually fastest — it can arrive the same day or next business day. If you're sending to a business or need the money to arrive within hours, a wire transfer is the right choice, though it costs money. ACH transfers are free but take three to five business days.
Key Takeaways
- Chase QuickPay sends money to people you know using their email or phone number, and can arrive same-day or next business day at no cost.
- Wire transfers cost $15 to $20 per transfer but arrive within hours and work for businesses, international payments, and time-sensitive situations.
- ACH transfers are free and work for most bill payments and business transfers, but take three to five business days to arrive.
- You can start any transfer from the Chase mobile app, Chase.com, or by calling Chase customer service at the number on your card.
How to use Chase QuickPay for person-to-person transfers
QuickPay is Chase's peer-to-peer payment tool. You send money to someone using their email address or US phone number, and they receive a notification to claim it. The recipient does not need to be a Chase customer.
To send money via QuickPay on the Chase app: open the app, tap "Pay & Transfer," select "Send Money," enter the recipient's email or phone number, type the amount, add a note if you want, and confirm. The money usually arrives within one business day. If the recipient is also a Chase customer, it can arrive the same day.
On Chase.com, log in, go to "Pay & Transfer," click "Send Money," and follow the same steps. You can send up to $2,000 per transaction and $10,000 per day through QuickPay, though these limits may vary by account type.
How to send a wire transfer from Chase
A wire transfer moves money directly from your Chase account to another bank account, usually within hours. Wire transfers cost $15 to $20 depending on whether the receiving bank is domestic or international. Use a wire transfer when speed matters or when you're sending to a business.
To send a wire transfer, you need the recipient's full name, bank name, account number, and routing number. For international wires, you may also need the recipient's address and SWIFT code (a code that identifies banks outside the US).
Start a wire transfer on the Chase app by tapping "Pay & Transfer," then "Wire Money." On Chase.com, go to "Pay & Transfer" and select "Wire Money." Enter the recipient's information, the amount, and confirm. Domestic wires usually arrive the same business day. International wires typically take one to three business days depending on the receiving country.
If you're uncomfortable entering the information online, you can call Chase at the number on your card or visit a branch in person to request a wire transfer. A representative will walk you through it and verify the details before sending.
How to set up an ACH transfer to another bank account
An ACH transfer is a free electronic transfer between bank accounts that takes three to five business days. Use ACH for bill payments, payroll deposits to other accounts, or any transfer where timing is not urgent.
To set up an ACH transfer on the Chase app: tap "Pay & Transfer," select "Transfer Money," choose the account you want to send from, then select "Transfer to another bank." Enter the recipient's bank name, account number, and routing number. Type the amount and confirm.
On Chase.com, log in, go to "Pay & Transfer," click "Transfer Money," and follow the same steps. The first ACH transfer to a new bank account may take longer (up to seven business days) because Chase verifies the account. After that, transfers to the same account are faster.
You can also set up recurring ACH transfers for regular payments like rent or loan payments. Chase will send the same amount on the same day each month until you cancel it.
What information you need before you transfer
The information required depends on the transfer type. For QuickPay, you only need the recipient's email or phone number. For wire transfers and ACH transfers, you need more details.
| Transfer Type | Information Needed |
|---|---|
| QuickPay | Recipient's email or US phone number |
| Domestic Wire Transfer | Recipient's full name, bank name, account number, routing number |
| International Wire Transfer | Recipient's full name, address, bank name, account number, SWIFT code |
| ACH Transfer | Recipient's bank name, account number, routing number |
If you don't have the routing number, you can find it on the recipient's checks, on their bank's website, or by asking them directly. The routing number is a nine-digit code that identifies the bank.
What happens if you make a mistake or want to cancel
If you sent money to the wrong person or entered the wrong amount, your options depend on the transfer type and how much time has passed.
For QuickPay transfers, if the recipient has not claimed the money yet, you can cancel it from the app or Chase.com. Go to "Pay & Transfer," find the pending transfer, and select "Cancel." The money returns to your account within one business day.
For wire transfers, cancellation is much harder. Once a wire leaves Chase, it is in the receiving bank's system and cannot be recalled. If you sent to the wrong account, contact Chase immediately — they can contact the receiving bank and ask them to return the money, but there is no may provide. This is why wire transfers require careful verification of the recipient's information.
For ACH transfers, you can cancel a transfer that has not yet been processed. Log into Chase, find the transfer, and cancel it. If the transfer has already been sent, contact Chase customer service to request a reversal. The receiving bank may or may not honor the reversal request.
Frequently Asked Questions
How long does a Chase transfer actually take?
QuickPay to another Chase customer: same day or next business day. QuickPay to a non-Chase customer: one to two business days. Domestic wire transfer: same business day. International wire transfer: one to three business days. ACH transfer: three to five business days (up to seven for the first transfer to a new account).
Can I transfer money from Chase to PayPal or Venmo?
You cannot transfer directly from Chase to PayPal or Venmo. Instead, link your Chase account to PayPal or Venmo as a funding source, then transfer money through their app. Alternatively, use QuickPay to send money to the person's email, and they can receive it in their PayPal or Venmo account if they have one linked.
What if the recipient's bank rejects the transfer?
If a wire transfer or ACH transfer is rejected, the receiving bank sends it back to Chase, and the money returns to your account within one to three business days. Chase will notify you of the rejection. Common reasons include an incorrect account number, a closed account, or a mismatch between the account number and the recipient's name.
Is there a limit to how much I can transfer?
Chase sets daily and monthly limits that vary by account type and how long you have been a customer. QuickPay typically has a $2,000 per transaction limit and $10,000 daily limit. Wire transfers and ACH transfers usually have higher limits. Log into your account or call Chase to see your specific limits.
Do I pay a fee for transfers?
QuickPay and ACH transfers are free. Domestic wire transfers cost $15, and international wire transfers cost $20. Some Chase account types waive wire transfer fees, so check your account details or ask a representative.