Follow the steps below to initiate an external bank transfer using the Anchor Dashboard:

1. Log In: Access the Anchor Dashboard.
   
   

2. Start a Transfer: Go to Money Movement → Transfers → Send Money.
   
   

3. Fill the Transfer (Payout) Form:

• Transfer Type: Choose Bank.

• Send To: Choose a recipient or click Create a New Counterparty if not listed. Enter recipient’s Bank Name and Account Number if adding new.

• Reference: Use a unique, lowercase ID (letters, numbers, -, _ only).

• Reason: State the purpose of the transfer.

• Click Continue.
  
  

4. Select Source and Amount:
   Choose the Source Account and enter the Amount.

• Click Continue.
  
  

5. Review & Confirm:

• Check all details and click Send Money.

Funds are typically processed within minutes.