Apple Pay Transfers (Complete 2023 Guide)

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Apple Pay has been around since 2014 and has quickly become one of the world’s most widely used payment platforms. The payment method promptly became one of the most popular ways to pay on phones due to its speed, convenience, and security features.

As a result of its popularity, people often have questions about Apple Pay Transfers such as do Apple Pay Transfers have limits?

Yes, there are limits on how much money you can transfer using Apple Pay. For Instance, the maximum amount you can transfer from Apple Cash to your bank account each time is $10,000. However, you can transfer up to $20,000 to your bank account from Apple Cash if the transactions occur within seven days.

This article will guide you on how Apple Pay transfers work and everything you need to know when using Apple Pay transfers.

Apple Pay Transfers
This is how Apple Pay transfers work

What Types of Transfers Does Apple Pay Have?

Apple Pay transfers are a great way to send and receive money quickly and easily. You can transfer money from your debit card or credit card into an Apple Pay Cash Card through Apple Pay transfers. 

The funds will then be accessible through the Wallet app on your iPhone. The platform offers two types of transfers instant transfers and standard transfers. Instant transfers take about 30 minutes to complete, while standard transfers take up to three business days. 

Both transfers are efficient depending on what type of transaction you’re making. For Instance, instant transfers are perfect if you’re buying something online because they don’t require extra steps and provide quick access to funds once approved. 

However, if you’re withdrawing cash at an ATM, standard transfers would work better because they don’t incur any fees for accessing your money once it’s received. To help you understand these transfers better, here’s an overview of how each works.


As established earlier, standard transfers involve sending money to your bank account. These transfers take 1 to 3 days to complete and incur no costs. 

You should use this method if you don’t need the funds immediately. If you’re using a debit card for the transfer, you will have to have sufficient funds in your account. 

If you prefer to transfer money using this method, here’s how it works.

  1. Visit your card info on either your iPhone or iPad.
  • If you are using iPhone: Tap your Apple Cash card in the Wallet app, then tap the More icon.
  • For the iPad: Tap Wallet & Apple Pay in the Settings app, then tap your Apple Cash card.
  1. Select the Transfer to Bank option.
  2. Enter the preferred amount of transfer and then tap Next.
  3. Ensure that you have a bank account set up. If yes, tap on 1-3 Business Days.
  4. Verify the transaction using Face ID, Touch ID, or passcode for security purposes, and tap Confirm to complete the process. 
  5. After completing the verification process, wait for the transfer to finish in 1-3 business days.


Apple Pay’s new Instant Transfer feature is a game-changer for anyone who needs to send or receive money quickly. The most significant pain point of other apps, long waits, is eliminated with the new features. 

No matter how small or large the transaction you’re looking to make, you can send it instantly with no wait time at all. Here is how to do it.

Before adding a valid debit card, check to see if your iPhone or iPad is running the most recent iOS or iPadOS. When you finish this check, proceed with the following steps.

  • Step 1: Proceed to your card info section on your iPhone or iPad. For iPhone users: Launch the Wallet application, tap your Apple Cash card, and then tap the More button. For iPad users: To access your Apple Cash card, open the Settings app, select Wallet & Apple Pay, and tap your Apple Cash card.
  • Step 2: Select Transfer to Bank from the menu.
  • Step 3: Tap Next after entering the amount you wish to transfer.
  • Step 4: Tap Instant Transfer.
  • Step 5: Tap Add Card and follow the on-screen directions to add a Mastercard or Visa debit card.
  • Step 6: Choose the debit card to which you want to transfer money and the billing details for that card.
  • Step 7: Confirm the transaction and wait for the transfer to complete. 

Additionally, each Instant Transfer is subject to a 1.5 percent cost, with a minimum fee of $0.25 and a maximum fee of $15.

Are There Limits on How Much I Can Transfer?

Yes, there are limits on how much money you can transfer using Apple Pay. For Instance, the maximum amount you can transfer from Apple Cash to your bank account each time is $10,000. However, you can transfer up to $20,000 to your bank account from Apple Cash if the transactions occur within seven days.

Additionally, You can transfer at least $1, or your entire balance if it is less than $1, to your debit card or bank account. These limits help ensure the process remains safe and secure for both parties. 

When transferring large sums of money, consider sending a few transfers instead of one large transfer because this will reduce the chance of fraudulent activity occurring during the transaction. 

Other limitations could come from your bank, the card issuer, and the available balance on your debit or prepaid card. It’s also important to remember that these limits apply when transferring funds through Apple Pay.

Are There Fees on Apple Pay Transfers?

There are no fees associated with making or receiving payments with Apple Pay. However, the card issuer may charge a fee if you use a credit or debit card to fund your payment. 

Additionally, your bank may charge a foreign transaction fee if you’re using Apple Pay to send or receive money internationally. Generally, transfer fees depend on the method of transfer you use and the type of account you’re transferring from. 

For Instance, when using the standard transfer method, the transaction will not invite any additional costs as long as it is between two US accounts. 

However, a 1.5 percent fee for Instant Transfer is deducted from each transfer’s amount, with a minimum fee of $0.25 and a maximum fee of $15.

How Long Does Apple Pay Instant Transfer Take?

Apple Pay’s Instant Transfer feature is one of the most convenient ways to send money to friends and family. For cash to become available, you may need more time for account security checks. 

Usually, Instant Transfers publish instantly, but this can occasionally take up to 30 minutes. It is a convenient transfer method as you can access your money immediately without waiting for days or weeks. 

The only drawback is that there are limits on how much money you can transfer at once and some transfer fees. Fees usually range from $0.25-15 per transaction with an instant transfer. 

If these limitations don’t bother you, then this is a great way to make transfers quickly and easily.

How Long Does Apple Pay Take To Transfer to a Bank?

One of the great things about Apple Pay is that it allows you to transfer money to your bank quickly and easily. 

The standard transfer method through Apple Pay is typically completed within 1-3 business days, depending on how much money you transfer. 

If there are any issues with the transfer, or if you’re sending a large amount of money, then Apple Pay can extend the wait time.

Can I Transfer Money From My Bank Account to Apple Pay?

Yes! You can now transfer money from your bank account to Apple Pay. 

Using the debit or prepaid cards you already use with Apple Pay in Wallet, you can add money to your balance after setting up Apple Cash. This process is simple and only takes a few steps.

  1. Go to your card info section on your iPhone, iPad, or Apple Watch
  • On the iPhone: Tap your Apple Cash card in the Wallet app before tapping the More button.
  • On the Ipad: Tap Wallet & Apple Pay in the Settings app, then tap your Apple Cash card.
  • On the Apple Watch: To access your Apple Cash card’s balance, open the Wallet app and hit Card Balance.
  1. Tap Add Money in the options available.
  2. Enter the amount you wish to transfer into your Apple Cash.
  3. Tap Add, then double-check your US debit or prepaid card and billing address before adding money.
  4. Use Face ID, Touch ID, or passcode to confirm the transfer.
  5. Wait for the balance to update in your Apple Pay account.

How To View Your Balance

You can check your Apple Cash balance in some ways, depending on your device. Let us find out how.

  • iPhone: Tap your Apple Cash card after opening the Wallet application.
  • iPad: Tap Wallet & Apple Pay in the Settings app, then tap your Apple Cash card.
  • Apple Watch: Tap the side button twice, then swipe up to your Apple Cash card.
  • Finally, you can view your Apple Cash balance on the Apple ID account page.

Why Is My Apple Pay Transfer Taking So Long?

If you’re wondering why your Apple Pay transfer is taking so long, there are a few possible explanations. First, it’s important to remember that not all Apple Pay transfers are instant. 

Standard transfers, for example, can take up to three business days to complete. Second, the amount of money you’re transferring may affect the speed of the transfer. 

If you’re transferring a large amount of money, it may take longer than if you’re moving a smaller amount. Finally, your bank’s processing time may also affect the speed of the transfer. It all depends on how they prioritize Apple Pay transfers.

As a general rule, don’t panic if your transaction takes an extra day or two to process; be patient and wait for it to finish. You should check your bank statement regularly to ensure the transaction is processed and funds deposited into your account.

Also, ensure you have enough money before starting the Apple Pay Transfer. It will help if you take the time to view the Federal Reserve’s list of public holidays.

If at any point during the transfer process you get any error messages, call customer service immediately with questions about your specific situation.

How To Cancel Apple Pay Transfer to Bank?

Sometimes, you may want to cancel an active transfer for various reasons. If this is the case, open the Wallet app and tap on Apple Pay. Then, click on Transfers and find the desired transfer. 

You can also find it by opening the conversation in the messaging app and clicking the payment. Doing so will redirect you to the wallet app, where you can view the latest transactions you have made. 

Under these, tap on the transaction you wish to cancel twice. You will then see a Cancel Payment option, which you will tap to cancel the transfer. The cash refund can take 1-3 Business days, depending on your card issuer or bank.

However, if you can’t see the Cancel Payment option, the recipient has already accepted the money. The only way to recoup the money at that moment is by asking them to send it back to you.

How Do I Transfer Money From Debit Card to Apple Pay?

You can quickly transfer money from your debit card to your Apple Pay Cash account. Open the Wallet app on your iPhone, select Add Money, and enter the amount you wish to add to your account. 

From the list of added debit cards in your apple pay, select the one from which you wish to transfer money. 

Confirm the transaction with Face ID, Touch ID, or passcode. The transaction will then be complete in about 30 minutes, and you can proceed to check the balance.

How Do I Transfer Money From Apple Pay to Debit Card?

There are several ways to transfer money from Apple Pay to your debit card. You can use the ‘Apple Pay Cash’ feature built into the Messages app or a third-party service. 

For the Apple cash, follow these steps.

  • Step 1: Open the Apple pay cash wallet on your IOS device.
  • Step 2: Click on the three dots at the top right of your screen.
  • Step 3: On the next screen, tap on Transfer to Bank.
  • Step 4: Enter the amount you would like to transfer.
  • Step 5: Select instant transfer or 1-3 Business Days, depending on how urgently you need the money.
  • Step 6: Add the debit card you wish to transfer money to.
  • Step 7: Confirm with Face ID, Touch ID, or passcode.
  • Step 8: Wait for the transfer to go through.

The transfer can take as low as 30 minutes or 1-3 business days, depending on your transfer method.

Apple Pay Instant Transfer Not Working (What are Possible Issues)

You may have tried to transfer money from Apple Pay to your debit card or bank account, but you were unable to do so. 

You should check with your bank and see if there are any limits or issues with the report. Some of the most common causes of an instant transfer not going through include:

  • iOS, iPad, or watchOS updates might be blocking your transfer.
  • Your cellular or wifi connection might be down, thus causing a lag in the transaction.
  • You might be using an ineligible debit card for the transfer.
  • The billing address used might not match the selected debit card.
  • You might be trying to transfer more than the minimum amount allowed.
  • Ensure that your identity is verified.
  • Your device should be eligible to use the service.

Software Update Blocking Instant Transfer on Apple Pay (How to Fix it)

When using Apple Pay to make instant transfers, sometimes a software update can block the feature. It implies that you must update your smartphone with the most recent software to use Apple Pay instant transfers feature.

To fix this issue, open the Settings app on your iPhone and select General. Next, scroll down and choose Software Update. 

If an available update needs installing, you can do so by tapping on the option. Once completed, go back to the previous screen and navigate to Apple Pay under Payments to retry the transfer.

To avoid such a scenario in the future, always backup your data on iCloud and ensure your device has the latest operating system update before using Apple Pay.

How to Contact Apple Pay Support

If you’re having trouble with a transaction or have questions about your account, you can contact Apple Pay support for help. Here’s how.

You can contact them by phoning their customer support number, using the Apple app, or visiting their website. Apple Pay Customers can access a support page with the designation “Get Support Page.” 

The solutions on this page include quick cures for simple problems and troubleshooting. Customers who might not be able to obtain the assistance they require on this page can move forward with a live chat or call the 877-255-5923 Apple Pay support customer number.

Wrapping Up – Apple Pay Transfers

  • Apple Pay is a great way to transfer money between friends and family. Apple Pay transfers are easy to set up and use, and the security features make it one of the safest ways to send or receive money. 
  • The maximum amount you can move using Apple Pay is $10,000 per transaction. For example, each time you use Apple Pay to send money from your bank account to someone else, the highest amount you may transfer is $10,000. However, if the transactions are completed within seven days and use Apple Cash, you can send up to $20,000 to your bank account. 
  • It may be the best app if you’re an iPhone user with many people on your contact list who also have iPhones. With all these advantages, it will be hard for any other type of payment system or service to compete with this fantastic new technology from Apple. 
  • Although many parts of the process are automated, there are still some details that you must do manually. As the need for personal financial management becomes more complex, it will be more important than ever to take the time to understand how this service works.



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