External Loan Payments vs External Transfer

Discover the convenience and flexibility of managing your Interior Federal loan payments in digital banking*. Whether you prefer the convenience of using your Visa® or MasterCard® debit card or the simplicity of setting up external transfers, we’ve got you covered.

External Loan Payment

Use any Visa® or MasterCard® debit card to make an immediate External Loan Payment to your Interior Federal loan. This method is available for one-time payments only and includes a $10 fee due to interchange fees to process through Visa® or MasterCard®.

Get Started:

1. Simply login to digital banking.
2. Select Transfer & Pay.
3. Choose External Loan Payment (in mobile banking) or Loan Payment (in online banking).
4. Follow the prompts to pay by debit card.
5. Add your debit card information and follow the prompts to submit a payment.

External Transfer

Another convenient option for loan payment is making use of External Transfers. This method allows you to set up a one-time or recurring transfer from an external account to your Interior Federal deposit account, followed by an internal transfer to your loan account. This method is free and offers the option of Standard (3-business days) and Premium (next-business day) delivery.  See our Fee Schedule for Premium delivery fees.

1. Login to the mobile app.
2. Select Transfer & Pay on the bottom, then External Transfers.
3. Accept the Terms of Service.
4. Click sign up now.
5. Complete the registration form.
6. Follow the prompts to validate your email address.

To add external accounts:

1. Select Add a New Account on the Transfer Funds screen.
2. Submit required information.
3. Complete verification process as prompted.

To schedule a one-time or recurring transfer:

1. Select your to/from accounts.
2. Enter your transfer amount and set the desired date.
3. Choose the frequency and duration.
4. Choose Standard or Next Day delivery.
5. Review and confirm transfer.

What are all the options for making loan payments?

* Message and data rates may apply.

^ Payments made at or after 9pm EST will be posted the following business day.