Yes, you can transfer money from Chime to another bank account
Chime lets you send money to any U.S. bank account you own or have permission to use. The transfer goes through the ACH network, which is the same system banks use for direct deposits and bill payments. You initiate the transfer from your Chime app or online dashboard, and the money arrives at the receiving bank within one to three business days.
The process is free when you transfer to your own account at another bank. Chime does not charge a fee for outgoing transfers. The receiving bank also will not charge you — ACH transfers are a standard banking service with no cost to the recipient.
Key Takeaways
- Transfers from Chime to another bank account take one to three business days and cost nothing.
- You need the receiving bank's routing number and your account number at that bank to set up the transfer.
- Chime processes transfers on business days only, so a transfer you start on Friday evening will not begin moving until Monday.
- If you are transferring to someone else's account, Chime requires you to verify that account first, which adds one business day.
How to start a transfer from the Chime app
Open your Chime app and tap the transfer icon or the menu option labeled "Transfer Money" or "Send Money." Select "Transfer to Bank Account" or "External Transfer." Chime will ask you to enter the receiving bank's routing number and your account number at that bank.
Enter the amount you want to send and review the details. Chime will show you the expected arrival date based on when you are sending it. Confirm the transfer, and Chime will send it to the ACH network. You will see the transaction in your Chime history right away, but the money will not leave your account until the transfer actually processes — usually within a few hours on a business day.
If this is your first transfer to that bank account, Chime may require you to verify it. Chime does this by sending two small deposits (usually under $1 each) to the receiving account. You then log into that bank account, find the deposit amounts, and enter them into Chime to confirm you own the account. This verification step takes one business day, and you cannot complete the transfer until it is done.
How to start a transfer from Chime online
Log into your Chime account at chime.com. Click on "Transfers" or "Move Money" in the main menu. Select "Transfer to Bank Account." Enter the routing number and account number of the receiving bank, the amount, and confirm.
The process is the same as the app: Chime will show you the expected arrival date, and you will see the transaction in your history immediately. If the receiving account is new to your Chime profile, you will need to verify it first using the deposit method described above.
What you need to complete a transfer
You need two pieces of information about the receiving bank account: the routing number and the account number. The routing number is a nine-digit code that identifies the bank. The account number is unique to your account at that bank.
You can find both on a check from that account — the routing number is the first set of numbers on the bottom left, and the account number follows it. You can also call the receiving bank or log into that bank's website to find these numbers. Do not guess or use a number you are not sure about; an incorrect routing or account number will send the money to the wrong place, and recovering it takes time.
If you are transferring to someone else's account, you need their permission and their routing and account numbers. Chime will require you to verify the account before the transfer goes through.
How long transfers take and when they process
Chime processes transfers on business days only — Monday through Friday, excluding federal holidays. A transfer you start on a business day before 5 p.m. ET will usually begin processing that same day. A transfer you start after 5 p.m. ET or on a weekend will not start until the next business day.
Once Chime sends the transfer to the ACH network, it takes one to three business days for the money to arrive at the receiving bank. Most transfers arrive within one business day, but the receiving bank controls the final timing. Some banks post ACH transfers the same day they receive them; others wait until the next business day.
If you need the money to arrive faster, Chime also offers Chime SpotMe Boost transfers to certain banks, which can arrive the same day. This service is not available to all banks and may have limits on the amount you can transfer. Check your Chime app to see if same-day transfer is an option for your receiving bank.
What happens if the transfer goes to the wrong account
If you entered the wrong routing number or account number, the money will go to a different account at a different bank. The receiving bank will see the deposit, but it will not match any account holder's name or records. Most banks will hold the money and try to contact the account holder to ask if they want to keep it. If the account holder does not claim it, the bank will return it to Chime after a set period, usually 10 to 30 days.
The money will then return to your Chime account. This process can take several weeks. To avoid this, double-check the routing and account numbers before you confirm the transfer. If you realize you made a mistake after sending the transfer, contact Chime support immediately — they may be able to stop it if it has not yet processed.
Transferring large amounts or frequent transfers
Chime does not publish a single maximum transfer amount, but the ACH network has daily and monthly limits that vary by bank. Most Chime accounts can transfer several thousand dollars per day without issue. If you are moving a very large amount, Chime may flag it for review, which can add a day or two to the process.
If you transfer money frequently, you can save the receiving bank account in your Chime app so you do not have to enter the routing and account numbers every time. After you verify an account once, it stays in your list of saved transfer destinations.
Frequently Asked Questions
Can I transfer money from Chime to a savings account at another bank?
Yes. Chime can transfer to any type of account — checking, savings, money market, or other deposit accounts. You need the routing number and account number, just as you would for a checking account transfer.
What if I transfer money to the wrong account by mistake?
Contact Chime support right away. If the transfer has not yet processed, they may be able to stop it. If it has already gone through, the receiving bank will hold the money and eventually return it to Chime if the account holder does not claim it. This can take two to four weeks.
Do I have to verify every new bank account I transfer to?
Yes, the first time you transfer to a new account, Chime requires verification using two small test deposits. After that, the account is saved and you can transfer to it without verification again.
Can I schedule a transfer for a future date?
Chime does not offer scheduled transfers through the app or website. You can only transfer money immediately. If you need a transfer on a specific date, you will have to start it on that day.
Is there a limit to how much I can transfer out of Chime per day?
Chime does not publish a specific daily transfer limit, but the ACH network and your individual account may have limits. If you try to transfer more than your account allows, Chime will reject the transfer and let you know. Contact Chime support if you need to move a large amount and want to know your specific limit.