Electronic Funds Transfers are now available via your Online & Mobile Banking Platform!
What is an Electronic Funds Transfer (EFT)?
An Electronic Funds Transfer allows you to send money digitally between local and regional banks that are a part of the ECCU (Eastern Caribbean Currency Union) only.
Here are some important pointers for Electronic Funds Transfers:
- Electronic Funds Transfers are FREE!
- Electronic Funds Transfers will be processed within ONE business day.
- Electronic Funds Transfers can be made to BOSL Accounts, Other LOCAL Banks and REGIONAL EC Banks including Saint Lucia, Antigua & Barbuda, Saint Vincent & the Grenadines, Grenada, Dominica, Saint Kitts & Nevis, Anguilla and Montserrat.
- Electronic Funds Transfers can only be done in Eastern Caribbean Dollars (XCD).
- Electronic Funds Transfers via your Online and Mobile banking platforms are only available for individual and single signature business customers.
To complete an Electronic Funds Transfer:
1. Via online banking:
- Go to Orders on the menu on the left.
- Select Electronic Funds Transfer (EFT)
2. Via the mobile app:
- Go to your Menu Option
- Click Orders Tab
- Select Electronic Funds Transfer (EFT)
3. Fill in the required information and submit.
4. Remember to use the template feature for recurring transfers
It’s that simple!
For more information, please contact BOSL Digital at 758-456-6999 or via email at bosldigital@bankofsaintlucia.com