How To Send Money in Zelle
Zelle is an extremely convenient way to send and receive money to and from your friends, family, and other trusted contacts. It’s fast, free, and super easy to use. In fact, you might already have access to Zelle through your bank’s mobile app. While hundreds of banks support Zelle, you can use it even if yours doesn’t offer this service yet.
Read on to learn how to send money with Zelle fast and easy, whether using the Zelle, Chase, or Wells Fargo app. Stick around until the end to find out how you can send money to yourself through Zelle and other useful pieces of information.
How to Send Money in Zelle
Using Zelle is really straightforward:
- Download the Zelle app from Google Play or the App Store.
- Tap “Get Started” and sign up with your phone number.
- The app will ask you to connect to your bank. Use the search bar to find it.
If your bank or credit union already has implemented Zelle, the app will redirect you to your usual banking app. However, you will be able to sign up even if your bank does not use Zelle. If you can’t find your bank on Zelle, follow the app’s instructions:
- Type in your email address as asked.
- You will receive a verification code. Input it on the next screen.
- Enter your credit card information.
Once registered, you can start sending money with the Zelle app:
- Tap “Send” on the homepage and then pick a contact.
- Type in the amount of money you want to transfer and press “Review.”
- Check the data once again and add a note for the recipient if you wish.
- The transaction is complete.
How to Send Money in Zelle for Chase
You won’t need to download Zelle if you already have the Chase app. It’s already built into Chase, and you can use it immediately.
- Open your Chase app.
- Tap “Pay and Transfer” in the bottom menu.
- Press “Send Money with Zelle®.”
- Pick a contact. If you have no recent contacts, tap “Add,” marked by a plus sign next to the search bar.
- Choose someone from your phone’s contacts or create a new one by typing in a name and adding their email address and phone number.
- Type in the amount of money you want to send on the next screen.
- Leave a memo for your recipient if you want to.
- Select an account under “Pay from.”
- Press “Review and Send” and check everything once again.
- If the data is correct, tap “Send it now.”
Chase also allows you to schedule your Zelle payments by tapping “Today” on the payment screen and changing the date. Similarly, the app facilitates repeat payments with a toggle on the same screen.
In addition, you will see which of your contacts are already using Zelle in your contact list. Zelle users will have a little “z” logo by their icons. You can transfer money to contacts not yet using this service, too, but they will need to create an account.
How to Send Money in Zelle for Wells Fargo
The process is similar if you use the Wells Fargo app for your banking. You need to register your Wells Fargo account with Zelle to get started. Set it up in the following way:
- Sign in to your Wells Fargo app.
- Open the menu by tapping the three horizontal lines in the upper right corner.
- Press “Transfer and Pay” and then “Send Money with Zelle®.”
- Tap “Get Started” on the tutorial screen and accept the terms and conditions.
- Pick which deposit account you want to use with Zelle.
- Register your email address and phone number by toggling the switch next to each. You will receive a code to verify them.
- When you’re finished with your settings, tap “Done.”
Now, you will be able to send money will Zelle:
- Tap the large “Send” button.
- Add a recipient by choosing a contact.
- Review the information on your screen and if everything is correct, tap “All Done” and then “Continue.”
- Type in the amount you want to send and tap “Review.”
- Check everything once again and then press the “Send” button.
- Now, you will need to verify your identity. Press “Get code” and enter the code you received in a text message.
- You’re all done.
How to Send Money to Yourself
If you have accounts at multiple banks, you can send money to yourself from one account to the other through Zelle. Considering that Zelle does not charge extra fees, this can be a smart way to transfer your money to the account you need. You will need to set up Zelle in both of your banking apps to send money to yourself.
Setting up Zelle is as easy as tapping the “Send Money with Zelle®” option in the menu of your banking app and entering your contact details. However, you will find that you cannot set up two different Zelle accounts with the same phone number and email address. If you run into this issue, you will need to add another phone number and email address to your bank account.
Once you set up both accounts, go through the sending process as you would normally do. On the contacts page, add your alternative account as a new contact.
What is the cost to send money?
One of the biggest perks of using Zelle is that it usually doesn’t require additional costs. However, you will need to check with your financial institution for potential fees. In addition, in certain situations, Zelle might charge you a fee. For instance, if you don’t have sufficient funds for a transaction, you can expect non-sufficient funds fees.
Can I send money internationally?
Unfortunately, Zelle is currently only available with U.S. banks. Both your bank and the recipient thus need to be U.S.-based.
Can I cancel a Zelle payment?
If both the sender’s and recipient’s banks support Zelle, payments will be completed within minutes. Zelle is a way to send payments to trusted contacts, so there is no way to cancel a payment once you have tapped the send button. If you have scheduled a payment, you can still cancel it from your Activity page.
If the recipient’s bank isn’t registered with Zelle, payments are a little slower. So, you may be able to cancel yours shortly after sending it by tapping the red “Stop Payment” button. Note that this will incur a $25 fee.
Send Money Smarter With Zelle
Forget about long transaction processing times and cross-institution fees. Zelle makes sending money to trusted contacts within the U.S. much more effortless. Don’t hesitate to set up your Zelle account through your banking app or Zelle itself.
How often do you use Zelle? Do you find it more convenient than other ways to send money? Let us know in the comments section below.