Free bank to bank transfers that arrive in minutes, inside your bank's app.
Overview
- Type
- Online Service
- Price
- Free, set by Zelle
Zelle sends money directly between US bank accounts, usually within minutes, and it is built into the apps of thousands of banks and credit unions. There is no separate account or balance: money moves straight from one bank to another.
It is the simplest way to pay people you know personally, split rent or reimburse a friend. Small businesses and landlords also use it for quick payments, though it offers no purchase protection, so it is best kept for people you trust.
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