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What are recurring transfers?

recurring transfers
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What are recurring transfers?

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Recurring transfers are transfers between accounts that are for the same amount, between the same accounts, but are to be made at specified intervals, e.g., weekly, every 2 weeks, quarterly, etc.. For example, if you transfer $500 from a checking account to a savings account on the 3rd day of each month, you can set up an automatic recurring transfer to be made on the 3rd day of each month for as long as you wish, up to 999 times. Recurring transfers eliminate the need for you to log into FHB Online multiple times to perform virtually the same transaction.

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