Will users be able to transfer funds into this account from other institutions?
This is from the Apple press release announcing the savings accounts:
"To expand Savings even further, users can also deposit additional funds into their Savings account through a linked bank account, or from their Apple Cash balance. Users can also withdraw funds at any time by transferring them to a linked bank account or to their Apple Cash card, with no fees."
My reading of that is that you can transfer directly in or out of a linked account and do not need to go through Apple Cash.
Comments
Yes that's what I'm looking for - thank you.