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Sending an Instant Transfer



info iconFirst things first

Before you can send an Instant transfer, you'll need to add an Instant contact. If you'd like instructions on how to do that, head over here:

Creating an Instant Contact

Sending money with Instant

Feature availability is based on a variety of factors, including account age and history. You will see “Unavailable” when you attempt to schedule a transfer if the feature is not yet available to you. Keep using your account and the feature may be turned on in the future.

  1. Click the Move Money button.
  2. Select Transfer to a friend.
  3. Pick the lucky recipient from your contact list and enter the amount of money you’d like to send.
  4. Press send—the money will instantly leave your account and appear in theirs.

Can I send an Instant transfer from my Shared account?

Shared accounts don't have Instant transfers. However, you can instantly move money to or from your Shared account to your individual one. From the Move Money menu, select Transfer to a Shared Account. There aren't any limits on these.

  1. Swipe right to open the navigation menu.
  2. Tap Move Money. description
  3. Tap Transfer to a friend.
  4. Select the lucky recipient from your contact list.
  5. Choose the amount of money you’d like to send.
  6. You'll have the option of sending a memo or note along with the transfer.
  7. Press send—the money will instantly leave your account and appear in theirs.

Can I send an Instant transfer from my Shared account?

Shared accounts don't have Instant transfers. However, you can instantly move money to or from your Shared account to your individual one. From the Move Money menu, select Transfer to a shared account. There aren't any limits on these.

  1. Swipe right to pull up the menu and select Move Money.
  2. Select Transfer to a friend.
  3. Tap their name and choose the amount of money you’d like to send.
  4. Press the arrow.
  5. You'll have the option of sending a memo or note along with the transfer.
  6. The money will instantly leave your account and appear in theirs.

Can I send an Instant transfer from my Shared account?

Shared accounts don't have Instant transfers. However, you can instantly move money to or from your Shared account to your individual one. From the Move Money menu, select Transfer to a Shared Account. There aren't any limits on these.

Are there any limits?

Transfer limits vary and are based on a variety of factors.

  • If the feature is available on your account the maximum amount that you can send in a day is $2000. There is no way to raise this limit.
  • There is no limit on the number of transfers—just on the total sum of outgoing transfers.
  • There is a minimum limit of $1 per transfer.
  • There is no limit on incoming transfers.
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 Linking an External Account

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 Scheduled Activity

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Connect with family and friends who use Simple so you can send them Instant transfers.

Find answers to your questions

Important! Keep your account safe from fraud

As fraud attempts are on the rise recently — especially related to unemployment funds — help us keep your account safe by following these guidelines.

Use your Simple Account only for your own personal use. Don’t share your account with others or receive funds on behalf of third parties.

Don’t share your username or password with others. Never give out your login information. Simple will never ask you to tell us your password — if any third party makes such a request, it’s an attempt at fraud.

Don’t open an account at someone else’s request. If someone else asks you to open a Simple Account — such as a real estate company, prospective employer, or someone you met online — it is likely an attempt at fraud.

Be alert for unemployment insurance fraud. You may be violating the law and the terms of your Simple Account if you receive deposits of unemployment funds on behalf of someone else. There are state and federal penalties for unemployment insurance fraud (including potential fines and incarceration). If you suspect you are a victim of unemployment fraud, contact the appropriate state fraud hotline listed here.

Don’t receive funds on behalf of a third party. Keep in mind that receiving funds on behalf of a third party violates the terms and conditions of your Simple Account; in such instances, we may restrict and/or close your account and hold the funds while we await direction from enforcement agencies.

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