To other accounts you own:
You can make ACH or Wire transfers to send money to your US account at another institution. Access the app under Transfer money > To another US bank > I am the account holder.
You must fill in the following information:
- ACH or Wire Routing Number
- Account number
- Account type (checking or savings account)
- For Further Credit (FFC) or complementary data (optional)
- Value to be transferred
You can also do this via ACH Pull, a transfer initiated by the account receiving the deposit, not by Nomad. The other institution will link both accounts through micro-deposits. You must confirm the amount of these deposits with the bank to prove that you can access both accounts. After this verification, you can initiate an ACH Debit from your account in the other institution. Nomad does not charge any fees for this transaction.
To a third party (Natural Person):
To make ACH transfers to someone else, access your app at Transfer money > To another US bank > Another Natural Person.
You will need to fill in the following information:
- ACH Routing Number
- Account number
- Account type (checking or savings account)
- Full name of the account holder
- For Further Credit (FFC) or complementary data (optional)
- Value to be transferred
To a third party (business account):
To make ACH transfers to US-based business accounts, access your app at Transfer money > To another US bank > An US company.
You will need to fill in the following information:
- ACH Routing Number
- Account number
- Account type (checking or savings account)
- Company name
- Identification code (optional)
- For Further Credit (FFC) or complementary data (optional)
- Value to be transferred