How do I transfer money between my HSA and a non-Old National account?
The Account to Account Transfers feature in Digital Banking enables you to transfer funds between your HSA and an account outside of Old National. You can set up automatic or recurring transfers, schedule transfers in advance and get notifications of those transactions.
This feature is available in Online Banking and the ONB Mobile App.
To make your transfer, within Online Banking, go to Move Money in the top menu. Then choose External Transfers.
Before you can transfer money, you will need to add any external accounts you want to move money to or from. To do this, just select Add a New Account, choose the Account Type and enter the account information.
Once you follow the steps to verify your external account, and it is available in your Online Banking, you can begin making one-time or recurring transfers.
Just enter the transfer amount, select the accounts you want to transfer from and to, and choose Continue.
Important information about transferring money between your HSA and a non-Old National account
- Transfers between accounts using Online Banking are tax reportable events.
- If you wish to transfer your Old National HSA to another HSA as a non-reportable tax event, please request a transfer of funds with your new HSA Custodian.
You can learn more about making transfers on oldnational.com.