Create transfers in my M1 account 

The ‘Move Money’ button under the ‘Home’ tab is where you’ll find the option to create different types of transfers.

M1 Finance account screen showing move money option in transfers tabStandard M1 clients 

  • Create a one-time transfer by using the ‘One-time Transfer’ tab.  
  • The ‘Recurring Transfers’ tab allows you to automate your transfers on a weekly, bi-weekly, or monthly schedule. See a step-by-step guide for creating recurring transfers. 
  • Use the ‘Direct Deposit’ tab to find your M1 Spend bank account and routing number. You can to set up direct deposit to get your paycheck automatically deposited into your M1 Spend checking account up to two days earlier than your payroll date*. This option is exclusively available for users enrolled in M1 Spend.  
  • Have an account at another brokerage? Use the ‘Account Transfer’ tab to learn how to initiate an account transfer. You can also refer to our Help Center for more information on that process. 
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M1 Finance account screen showing transfer options (one-time transfer, recurring transfer, direct deposit, account transfer)

*early direct deposit is dependent on your payroll provider.

 

M1 Plus members 

  • Create a one-time transfer by using the ‘One-time Transfer’ tab.  
  • The ‘Recurring Transfers’ tab allows you to automate your transfers on a weekly, bi-weekly, or monthly schedule. See a step-by-step guide for creating recurring transfers. 
  • M1 Plus members can use the ‘Smart Transfer’ tab to sweep excess cash between accounts.   
  • Have an account at another brokerage? Use the ‘Account Transfer’ tab to learn how to initiate an account transfer. You can also refer to our Help Center for more information on that process. 
  • Send Check is M1's check-writing feature that allows you to send money and pay bills through your M1 Spend checking account. 
  • Use the ‘Direct Deposit’ tab to find your M1 Spend bank account and routing number. You can to set up direct deposit to get your paycheck automatically deposited into your M1 Spend checking account up to two days earlier than your payroll date*. This option is exclusively available for users enrolled in M1 Spend. 

M1 Finance account screen for Plus users showing transfer options for Plus users (includes smart transfers and Send Check)

*early direct deposit is dependent on your payroll provider.

Pending transfers  

M1 only allows for a single pending transfer at a time.  

Until a transfer request is completed or canceled, you won’t be able to create a new deposit or withdrawal.  

Before completion, transfers can be canceled in the Funding tab.  

 

If this is your first deposit, check out our step by step guide.

 

If you have further questions, please contact us.

 

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