Yes, you Zelle yourself instantly in no time. I'll show you later, how you can send money to yourself with Zelle.
The digitalization of financial transactions has brought many benefits to the financial industry including the ability to move money from one bank account to another without visiting any local bank branch.
If you've been using Zelle for some time now, you can agree with me that Zelle is definitely one of the greatest benefits of the digitalization of the financial space.
What's even best? Getting started with Zelle is completely free and all you'll need is to sign up for an account and add a funding source to start sending money.
Zelle is a great money transfer option for those having two or more bank accounts and looking for a way to instantly transfer funds between them.
Can you Zelle yourself? That's what we'll be seeing today.
That said, in this article, I'll briefly give an answer to the question "Can I send money to myself with Zelle at the same time, showing you how it can be done.
Table of Contents
Can I Use Zelle To Send Money To Myself?
Yes, you definitely can Zelle yourself or use Zelle to send money to yourself.
If you have two bank accounts and don't want to use the methods offered by your bank to move funds, then Zelle is a great choice for you.
However, you can only send money to yourself with Zelle if you have two Zelle accounts with completely different details from one another such as email, U.S. mobile number, and U.S. bank account.
Zelle would not allow you to link the same bank account to multiple Zelle accounts.
That said, you can create a second Zelle account with different information than the one you used for your first account, add a bank account to the Zelle account, and send money to yourself with Zelle.
Also Read: Can I Use Cash App To Transfer Money To Myself?
How Can I Send Money To Myself With Zelle?
With Zelle, you can send money to almost anyone with a U.S. bank account using an email address or U.S. mobile number.
That said, if you have two different U.S. bank accounts and want to move money from one account to the next, you'll need to open a second Zelle account with completely different details such as U.S. mobile number, email, and U.S. bank account.
Come to think of it, you can't send money with Zelle to your own email or U.S. phone number registered with the account you're sending funds from.
It does not even make sense.
The system might decline the opening of an account with already identified details, and if care is not taken, the account can be banned for fraudulent activities.
Unless it's worth moving money from your bank accounts with Zelle, I recommend you use the money transfer service offered by your bank.
However, if you have two different accounts with Zelle, here's how to send money to yourself on the platform.
- Access Zelle through your bank or through the mobile app (in case Zelle does not work with your bank).
- Select someone from your mobile device's contacts (or add a trusted recipient's email address or U.S. mobile phone number).
- Enter the amount you'd like to send and an optional note.
- Review the transaction details.
- Tap Send to send the money.
Also Read: Can I Venmo Myself?
Can I Connect More Than One Bank Account To My Zelle Profile?
No, you cannot connect more than one bank account to your Zelle profile as of this writing.
Can You Use Zelle With Multiple Bank Accounts?
Yes, but you must use a different email address or U.S. mobile number for each bank account you enroll with Zelle.
Only one bank account, U.S. mobile number, and email may be linked with Zelle as of this writing.
Also Read: Can I Send Money To Myself On PayPal?
Can I Zelle Money To Myself At Another Bank?
Yes, you can Zelle yourself at another bank.
You'll basically need the email address or phone number you used with the bank account to Zelle money to yourself.
Can I Use Zelle To Transfer Money Between My Accounts At Different Banks?
Yes, you can use Zelle to transfer money between your accounts at different banks.
Can I Use The Same Phone Number For Two Zelle Accounts?
No, you cannot use the same phone number for two Zelle accounts.
Can I Use Zelle Without A Bank Account?
Yes, you can use Zelle without a bank account.
However, you'll need to link a debit card to Zelle in order to use the service without a bank account.
Also Read: Can I Use Zelle Without A Debit Card?
Can I Send Money From Zelle To PayPal?
Yes, you can send money from Zelle to PayPal, but not directly.
That being said, you'll need to use a bank account as a bridge for the transaction.
Beware Of The Pay Yourself Zelle Scam
Do you even know sending money to yourself with Zelle can also turn out into a scam?
While sending money to yourself with Zelle is possible, there's a scam hiding behind it.
Scammers use the "Pay Yourself Scam" to trick users into sending money into their own (the scammer's) bank account with the belief of sending it to your account (the victim).
Here's how the scam works;
The scammer will send you a message that typically looks like a fraud alert from your bank and when you engage with the message, the scammer will call you posing as your bank representative offering to stop the ongoing fraud.
When you enroll with Zelle, your bank typically sends you a passcode that the scammer will then ask you to provide them with so they can send the money to your bank account. In reality, they'll just use this one-time passcode to enroll their own bank account with Zelle using their phone number or email.
The sad news now is, the money you thought was sent to your bank account will instead go to theirs.
Alternatives To Sending Money To Yourself With Zelle
There are many alternatives to sending money to yourself with Zelle, which include:
- Online banking: Most banks allow you to transfer money between your own accounts online for free.
- ATM transfer: You can also transfer money between your own accounts at an ATM. However, there may be a fee for this service.
- Bank wire transfer: Bank wire transfers are typically faster than other methods, but there may be a fee.
Frequently Asked Questions
Can you Zelle yourself to another account?
Yes, you can Zelle yourself to another account.
Can I transfer money from one bank to another using Zelle?
Yes, you can transfer money between bank accounts through Zelle.
What happens if I Zelle myself?
When you Zelle yourself to another account, the funds would reflect within some minutes.
Final Thoughts: Can I Send Money To Myself With Zelle
Zelle makes it easy to transfer money between bank accounts.
If you have two bank accounts with different financial institutions, you can use Zelle to transfer money between them.
All you'll need to start sending money to yourself with Zelle is to open another Zelle account with completely different details from those you used to open the first account.