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What is a “linked” account?

account linked
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A. A linked account is an existing account at any bank chartered in the U.S. that you “link” electronically to your ShoreBank Direct high-yield savings account. Once you have established the link with your ShoreBank Direct account, you can make a deposit by transferring funds from the linked account into your ShoreBank Direct account. To make a withdrawal from your ShoreBank Direct account, simply transfer funds from your ShoreBank Direct account into your linked account.

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ING DIRECT business accounts are linked to an existing business account, making it easy for you or the other authorized signers to transfer money. We electronically link your ING DIRECT Business Savings Account to your business checking account. Business Customers may have one linked account. To move your money, simply request a transaction between your Business Savings Account and your linked business checking account by using this website or by calling an ING DIRECT associate.

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A. A linked account is an existing account at any bank chartered in the U.S. that you “link” electronically to your ShoreBank Direct High-Yield Savings Account. Once you have established the link with your ShoreBank Direct account, you can make a deposit by transferring funds from the linked account into your ShoreBank Direct account. To make a withdrawal from your ShoreBank Direct account, simply transfer funds from your ShoreBank Direct account into your linked account.

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