Send and receive money with Zelle®.

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With Schwab Bank and Zelle®, you can safely and easily send money to friends, family, and others you trust, typically within minutes.¹ Access Zelle® through the Schwab Mobile app², and use your Schwab Bank High Yield Investor Checking® account³ to send money to or receive money directly from almost any bank account in the U.S. You just need the recipient’s email address or U.S. mobile phone number.

Charles Schwab Bank and Zelle logo

What is Zelle®?

  • Fast

    Send money in minutes¹ from your account directly to friends, family, or others you trust.

  • Safe

    When you use Zelle® within the Schwab mobile app, your information stays safe and is never shared with the person you are sending it to.

  • Easy

    Simply look for Zelle® in your Schwab mobile app, select someone you trust, and follow the one-time enrollment prompts to start sending or requesting money.

Sending money with Zelle

Sending money with Zelle

Opens in popupRead transcriptfor Sending money with Zelle

Light, upbeat music plays throughout.

The Charles Schwab Bank and Zelle® logos appear side by side. The logos then give way to three columns: one gray, one blue, and one purple. In the gray column, a stopwatch icon appears above the word "Fast"; in the blue column, a padlock appears above the word "Safe"; and in the purple column, a smiley face appears above the word "Easy."

Narrator [off-screen]: When you need a fast and safe way to send money to friends or family, it's easy with Zelle in the Schwab Mobile app. 

The blue column expands and pushes the other two columns off the screen. A tablet arises and shows the Schwab logo and the words "Own your tomorrow®." The logo then gets replaced by the login screen for the Schwab Mobile app, and Face ID pops up and verifies that this is the correct person logging in.

Narrator: You can send money to almost anyone who has a bank account in the U.S. Just remember to only send money to someone you trust.

The tablet disappears, replaced by the three columns. A baby stroller rolls into the gray column; a pizza cut into slices appears in the blue column; and a rolling suitcase covered in travel stickers rolls into the purple column. The pizza slices pull apart from each other, all surrounding a dollar sign. The purple column then expands into the whole screen, and another sticker-covered suitcase rolls into frame. An airplane takes off between the two suitcases, leaving behind another dollar sign.

Narrator: In a few clicks, you can pay a babysitter, reimburse a friend for dinner, or split the cost of a family vacation.

The columns all disappear, replaced by a background split into two colors—the left side blue, the right side gray.

Onscreen text:
How to get started
Schwab Bank High Yield Investor Checking® account

Narrator: To use Zelle, you'll first need a Schwab Bank High Yield Investor Checking account…

A circled checkmark appears above the text. A metal Charles Schwab Bank Visa® Platinum Debit Card emerges from the gray side into the blue side. More text appears under "Schwab Bank High Yield Investor Checking® account."

Onscreen text:
Activated Schwab Bank Visa® Platinum Debit Card

A circled checkmark appears above the text.

Narrator: …and an activated debit card to enroll.

The card and text disappear. Three circled checkmarks appear one after another.

Onscreen text:
3 simple steps

Narrator: Enrollment is easy with just three simple steps.

The text and checkmarks disappear. A circled "1" appears above new text.

Onscreen text:
Provide a phone number or email address.

Narrator: Step one: You'll need to provide your U.S. mobile phone number or email. 

A tablet pops up to replace the text. The screen shows a menu on the Schwab Mobile app, and the narrator's steps are carried out in the app onscreen.

Narrator: Select "Transfers & Payments," then "Send Money with Zelle," then enter your email or U.S. phone number.

A circled "2" and more text replace the tablet. 

Onscreen text:
Verify your information.

Narrator: Step two: If you aren't using your primary email, you'll need to verify your email or U.S. mobile phone.

The tablet pops up again to replace the text. It shows the "Send Money with Zelle" window on the app, and the narrator's steps continue to be carried out in the app onscreen.

Narrator: Just enter the six-digit verification you'll receive by email or phone. Then, select "Verify."

A circled "3" and more text replace the tablet. 

Onscreen text:
Confirm your enrollment.

Narrator: Step three: Confirm your information.

The tablet pops up again to replace the text. It shows the "Send Money with Zelle" verification window on the app, and the narrator's steps continue to be carried out in the app onscreen.

Narrator: If everything looks good, tap "Confirm"—and you're all set to use Zelle.

An animated icon of two hands clapping appears above the word "Enrolled." The tablet then pops up to replace the hands and continues to demonstrate how to send money with Zelle through the Schwab Mobile app.

Narrator: Zelle makes it fast, safe, and easy to send or receive money to friends, family, or others you trust.

The tablet disappears, giving way to the Schwab logo and Zelle logo. The logos disappear.

Disclosures:

Zelle® and the Zelle-related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Charles Schwab is not affiliated with Zelle.

A U.S. checking or savings account required to use Zelle. Transactions between enrolled users typically occur in minutes.

Requires a wireless signal or mobile connection. Access to electronic services may be limited or unavailable during periods of peak demand, market volatility, systems upgrade, maintenance, or for other reasons. Functionality may vary by operating system and/or device. Mobile carrier data charges may apply.

The Schwab Bank High Yield Investor Checking® account is available only as a linked account with a Schwab One® brokerage account. The Schwab One brokerage account has no minimum balance requirements, minimum balance charges, minimum trade requirements, and there is no requirement to fund this account, when opened with a linked High Yield Investor Checking account.

Payment requests to persons not already enrolled with Zelle must be sent to an email address.

Charles Schwab & Co., Inc. and Charles Schwab Bank, SSB are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Brokerage products, including the Schwab One brokerage account, are offered by Charles Schwab & Co., Inc., Member SIPC. Deposit and lending products, including the High Yield Investor Checking account, are offered by Charles Schwab Bank, SSB, Member FDIC and an Equal Housing Lender.

©2022 Charles Schwab & Co., Inc. All rights reserved. Member SIPC. (0522-2J5A)

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How to get started.

  • You must have a Schwab Bank High Yield Investor Checking account.
  • You must have an activated Schwab Bank Visa Platinum debit card.
  • You must have an email address or U.S. mobile phone number.
  • You will need the Schwab mobile app to enroll your account.

Open a Schwab Bank High Yield Investor Checking account today >

Already have a checking account with us? Enroll today:

  • Step

    Download the Schwab Mobile app.

  • Step

    In the app, select "Transfers & Payments," and then select "Send Money with Zelle®."

  • Step

    Follow the enrollment prompts and then you're ready to send or request money with Zelle®.

Download the Schwab Mobile app today.

  • Download the Schwab Mobile app today.

    Download on the Apple Store   Get it on Google Play

    Don't have a Schwab Bank High Yield Investor Checking®? You can open an account right in the app.

FAQs

Zelle® is a fast, safe, and easy way to send money directly between almost any bank accounts in the U.S., typically within minutes.¹ You can send money to someone you trust, regardless of where in the U.S. they bank,¹ with just their email address or U.S. mobile phone number.

You can send money to friends, family, and others you trust.¹

Since money is sent directly from your bank account to another person's bank account within minutes,1 it's important to send money only to people you trust and to always ensure you use the correct email address or U.S. mobile phone number.

You can send, request, or receive money with Zelle®. To get started, log in to the Schwab Mobile app and select Send Money with Zelle®. Follow the prompts to enter the information requested and accept the terms and conditions, and you're ready to start sending and receiving with Zelle®.

To send money using Zelle®, simply select someone from your mobile device's contacts (or add a trusted recipient's email address or U.S. mobile phone number), add the amount you'd like to send, include a note if you'd like, review, then hit Send. In most cases, the money is available for your recipient in minutes.¹

To request money using Zelle®, choose Request, select the individual from whom you'd like to request money, enter the amount you'd like to request, include a note if you'd like, review, and hit Request.⁴

To receive money, just share your enrolled email address or U.S. mobile phone number with a trusted person, and they'll be able to send you money with Zelle®.

If you don't know the person or aren't sure you will receive, for example, items bought from an online bidding or sales site, you should not use Zelle® for the transaction. These transactions are potentially high risk (in the same way that sending cash to a person you don't know is high risk). Neither Charles Schwab Bank nor Zelle® offers a protection program for any authorized payments made with Zelle®—for example, if you do not receive the item you paid for or the item is not as described or as you expected.

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