# Transfer funds between sub-accounts > **Information** > > Transferring funds between sub-accounts is in beta. To enable this for your account, contact your account manager or [request support](https://dashboard.checkout.com/support/new?topic=case_account_management_and_access&issue=issue_account_changes). In the Dashboard, you can transfer funds between sub-accounts in the same currency, or make foreign exchange (FX) transfers between sub-accounts in different currencies. > **Note** > > The sending sub-account must have sufficient funds for the full transfer amount. If a transfer would cause a balance to go negative, the transfer fails. > > > Transfers are not available for sub-accounts with daily [settlement frequency](https://www.checkout.com/docs/funds-management/receive-settlements.md#Settlement_schedule). --- ## Same-currency transfers You can make same-currency transfers between sub-accounts of the same entity within the same region. Checkout.com does not charge a fee and transfers are processed instantly. You must have one of the following [user roles](https://www.checkout.com/docs/business-operations/use-the-dashboard/manage-users/user-permissions.md): - Admin - A custom role with the `Make transfers` permission 1. Sign in to the [Dashboard](https://dashboard.checkout.com). 2. Go to _Business account_ > _Balances_, and select _Transfer funds_. 3. On the _Transfer funds_ page, if you're in the client view, select the _Entity_ you want to transfer funds for in the dropdown. If you're already in an entity view, go to the next step. 4. Select the sending sub-account in the _From_ dropdown, and the receiving sub-account in the _To_ dropdown. 5. Enter the amount to transfer.
The Dashboard validates in real time that the sending sub-account has sufficient funds. 6. Optionally, provide your _Reference_ for the transfer. 7. Select _Continue_. 8. On the _Transfer sent_ page that appears, select _Done_.
The transfer is completed and you're returned to the _Balances_ page, which displays the updated balances. ### Supported regions and currencies Same-currency transfers are available with the following regional Checkout.com entities: - Canada – Checkout Payment Systems Canada Inc. - Europe – Checkout SAS - Singapore – Checkout APAC Pte Ltd - United Kingdom – Checkout Ltd - United States – Checkout LLC Each region supports the following currencies: **Canada** - `CAD` Canadian Dollar - `USD` US Dollar **Europe** - `AED` UAE Dirham - `AUD` Australian Dollar - `CAD` Canadian Dollar - `CHF` Swiss Franc - `CZK` Czech Koruna - `DKK` Danish Krone - `EUR` Euro - `GBP` Pound Sterling - `HKD` Hong Kong Dollar - `HUF` Hungarian Forint - `JPY` Japanese Yen - `KWD` Kuwaiti Dinar - `NOK` Norwegian Krone - `NZD` New Zealand Dollar - `PLN` Polish Zloty - `RON` Romanian Leu - `SAR` Saudi Riyal - `SEK` Swedish Krona - `SGD` Singapore Dollar - `TRY` Turkish Lira - `USD` US Dollar - `ZAR` South African Rand **Singapore** - `AUD` Australian Dollar - `CAD` Canadian Dollar - `CHF` Swiss Franc - `EUR` Euro - `GBP` Pound Sterling - `HKD` Hong Kong Dollar - `JPY` Japanese Yen - `NZD` New Zealand Dollar - `PLN` Polish Zloty - `SGD` Singapore Dollar - `USD` US Dollar **United Kingdom** - `AED` UAE Dirham - `AUD` Australian Dollar - `CAD` Canadian Dollar - `CHF` Swiss Franc - `CZK` Czech Koruna - `DKK` Danish Krone - `EUR` Euro - `GBP` Pound Sterling - `HKD` Hong Kong Dollar - `HUF` Hungarian Forint - `JPY` Japanese Yen - `KWD` Kuwaiti Dinar - `NOK` Norwegian Krone - `NZD` New Zealand Dollar - `PLN` Polish Zloty - `RON` Romanian Leu - `SEK` Swedish Krona - `SGD` Singapore Dollar - `TRY` Turkish Lira - `USD` US Dollar - `ZAR` South African Rand **United States** - `USD` US Dollar --- ## Cross-currency transfers To manage cashflow across your sub-accounts in the same entity, you can make FX transfers between them. To make an FX transfer, you must: - Have a non-daily settlement schedule, or have a [balance minimum](https://www.checkout.com/docs/funds-management/manage-funds/balances/manage-balances.md#Set_a_balance_minimum_) enabled alongside a daily settlement schedule. - Have at least two active sub-accounts with different currencies. - Initiate the transfer between 5:00 AM and 9:00 PM Greenwich Mean Time (GMT). - Initiate the transfer on a business day for both the sending and receiving sub-account's currencies. Transfers cannot be sent on public holidays or weekends for either of the countries involved in the transfer, based on the currencies. You can send a maximum of 1 million in the sending or receiving sub-account's currency per transfer. > **Information** > > An FX markup rate applies, depending on your agreement with Checkout.com. For more information about your markup rate, contact your account manager or [request support](https://dashboard.checkout.com/support/new?topic=case_account_management_and_access&issue=issue_account_changes). You must have one of the following user roles: - Admin - A custom role with the `Make transfers` permission 1. Sign in to the [Dashboard](https://dashboard.checkout.com). 2. Go to _Business account_ > _Transfers_, and select _Transfer funds_. 3. On the _Transfer details_ page, select the sending sub-account in the _From_ dropdown, and the receiving sub-account in the _To_ dropdown. 4. Enter the amount you want the receiving sub-account to receive.
- The Dashboard validates in real time that the sending sub-account has sufficient funds.
- The FX rate for the transfer appears. The rate is confirmed for 90 seconds, and a timer counts down to when the rate is refreshed. If the rate expires, you're prompted to generate a new rate.
- To view the rate breakdown of the interbank exchange rate and our FX markup rate, open the _FX rate_ dropdown. 5. Optionally, provide your _Reference_ for the transfer. 6. Select _Continue_. 7. On the _Review and confirm_ page, check the transfer details, and then select _Confirm_.
This page also displays the expected completion date and time, known as the value date. 8. In the _Transfer sent_ window that appears, select _Done_.
The transfer is completed and you're returned to the updated _Transfers_ page. > **Note** > > If the balance of the sending sub-account falls below the required amount before the transfer is completed, the transfer fails. ### Supported regions and currencies FX transfers are available with the following regional Checkout.com entities: - Europe – Checkout SAS - United Kingdom – Checkout Ltd A cut-off time for sending transfers applies per currency, which affects the [processing period](#FX_processing_periods). The following currencies are supported, with their cut-off times: | Currency | Cut-off time - Greenwich Mean Time (GMT) | | --- | --- | | `CAD` Canadian Dollar | 1:00 PM GMT | | `CHF` Swiss Franc | 1:00 PM GMT | | `DKK` Danish Krone | 10:00 AM GMT | | `EUR` Euro | 1:00 PM GMT | | `GBP` Pound Sterling | 1:00 PM GMT | | `NOK` Norwegian Krone | 10:00 AM GMT | | `PLN` Polish Zloty | 1:00 PM GMT | | `SEK` Swedish Krona | 10:00 AM GMT | | `USD` US Dollar | 1:00 PM GMT | ### FX processing periods Transfers are processed and available at 4:00 PM GMT on: - The same day if sent before the cut-off time - The following business day if sent after the cut-off time --- ## View transfers To see an overview of transfers between sub-accounts, you must have one of the following user roles: - Admin - Read only - Risk manager - Support manager - A custom role with the `View list of transfers` permission 1. Sign in to the [Dashboard](https://dashboard.checkout.com). 2. Go to _Business account_ > _Transfers_, and select the relevant transfer to view the _Transfer details_ page. The _Transfer details_ page displays: - The date the transfer was sent - The expected value date - The transfer's unique identifier - The sending and receiving sub-accounts, with the relevant amounts - The FX rate applied to the transfer - Your reference for the transfer --- ## Transfers in reports The [Transfers breakdown type](https://www.checkout.com/docs/funds-management/retrieve-financial-reports/breakdown-types.md#Transfers) appears in the [Financial Actions by Date Range Report](https://www.checkout.com/docs/funds-management/retrieve-financial-reports/balance-reports/financial-actions-by-date-range-report.md).