Finally: A Faster Way to Transfer Money Between Banks

For years, moving money between banks meant waiting. You’d submit a transfer, see it listed as “pending,” and then check back a few days later, hoping it finally posted. That delay has always felt unnecessary, especially when it’s your money.

Now, Luminate Bank customers have a faster option.

Luminate Bank is one of the first banks using Jack Henry and the Banno digital banking platform to offer near-instant money transfers using a debit card. That means you can move money between financial institutions in seconds instead of days, and it’s surprisingly easy to use.

What Does “Near-Instant” Bank Transfers Actually Mean?

Near-instant transfers allow you to move money between your own accounts at different banks using your debit card rather than traditional ACH transfers.

ACH transfers are reliable, but they were built for a slower banking world. They process in batches, which is why transfers often take two to three business days to complete. Debit card–based transfers work differently. They use modern payment technology that allows funds to move almost immediately.

In simple terms: You initiate the transfer, and the money shows up right away, not days later.

Why Luminate Bank Customers Can Do This (And Many Others Can’t)

This feature is currently only available at banks that use Jack Henry and Banno for digital banking. Luminate Bank meets both requirements and is among the early adopters offering this capability to customers. That matters because it means:

• The technology is deeply integrated into digital banking
• Transfers happen within a secure, familiar experience
• You don’t need a separate app or third-party service

From a customer perspective, it should just feel like your banking is finally catching up to real life.

When Faster Transfers Make a Real Difference

Instant access to funds isn’t about being impatient. It’s about removing unnecessary stress. Near-instant transfers can help when you need to:

• Move money between banks to cover an unexpected expense
• Access funds while traveling
• Shift money between accounts for better budgeting or planning
• Keep your finances organized without guessing when money will arrive

If your goal is financial clarity (not juggling dates and delay), faster transfers are a meaningful improvement. This aligns closely with the ideas we’ve shared in blogs like
Creating Financial Clarity in 2026 and Debt Consolidation Explained: A Tool for Simplicity, Not a Sign of Trouble, where the focus is reducing friction and mental load around money.

Is It Safe to Transfer Money This Quickly?

Yes, and security is built into every step.

Before a debit card can be used, the system verifies that the account name matches the customer and requires additional authentication. Transfers are monitored in real time and added verification steps help protect against unauthorized activity.

In other words, your money moves faster, but the safeguards stay firmly in place.

Designed for How People Bank Today

Expectations around banking have changed, especially for younger consumers and small business owners who value speed, flexibility, and control.

Industry research shows that many financial institutions are actively expanding their digital capabilities to meet these expectations. Luminate Bank offering near-instant transfers is part of that shift; not to chase trends, but to remove common frustrations that shouldn’t exist anymore.

A Small Upgrade That Makes Banking Feel Easier

Being able to transfer money instantly between banks doesn’t change your financial goals, but it makes reaching them simpler. You no longer have to plan around processing windows or wait days for confirmation. You can move money when you need it and move on with your day.

If you already use Luminate Bank’s digital banking through our digital app, this feature is available to you now. And if you’re looking for a bank that focuses on clarity, ease, and modern tools that actually help, this is one more reason to bank brighter.

Frequently Asked Questions About Instant Bank Transfers

What is an instant bank transfer?

An instant bank transfer allows you to move money between financial institutions in near real time, instead of waiting several business days. At Luminate Bank, these transfers use secure debit card technology rather than traditional ACH processing, so funds are available almost immediately.

How is this different from a regular bank transfer?

Traditional bank transfers use ACH, which processes in batches and often takes two to three business days. Instant transfers move money using modern card-based technology, allowing funds to arrive in seconds rather than days.

Is it safe to transfer money instantly?

Yes. Instant transfers include multiple security steps, such as account name verification, added authentication, and real-time transaction monitoring. These safeguards help ensure transfers are fast and secure.

Can I transfer money between different banks?

Yes. You can move money between your own accounts at different financial institutions, as long as you’re transferring to or from a debit card linked to your account.

Do I need a separate app to use instant transfers?

No. Instant transfers are available directly within Luminate Bank’s digital banking experience, powered by Banno. You don’t need to download or manage a third-party app.

Who can use instant bank transfers at Luminate Bank?

This feature is available to Luminate Bank customers who use digital banking. Luminate Bank is one of the first banks using Jack Henry and Banno to offer this capability.