# Transfers
In the Dashboard, funds can be moved in two ways from a Wallet:
- Wallet-to-Wallet – Transfers money from one Wallet to another in your Treezor ecosystem
- Payouts – Transfers money from the Wallet to an external bank account (i.e., Beneficiary)
# Transfers from Wallet to Wallet
From the Wallets tab, you can transfer funds from one wallet to another. This operation is instantaneous.
In the Profile Boards view, once the user is selected, select the Wallets tab and click the "Wallet to Wallet Transfer" button.
The Wallet to Wallet Transfer popup takes you through the steps to make a transfer:
- Select the source wallet (belongs to the currently selected user)
- Select the target wallet (either from the currently selected user or by searching another user or wallet by Id)
- Define the transfer amount and label
- Make sure all the information is relevant prior to confirming the transfer
When all the steps are completed, a popup indicates the operation is successful and the corresponding operation is displayed in the Operations section of both Wallets.
# Transfers from Wallet to external Bank Account
From the Wallets tab, you can transfer funds from one wallet to an external bank account through the SEPA network. You must create a Beneficiary prior to making this type of transfer.
In the Profile Boards view, once the user is selected, select the Wallets tab and click the "Payout" button.
The Payout popup takes you through the steps to make a SEPA Credit Transfer:
- Select the source wallet (belongs to the currently selected user)
- Select the target external bank account (Beneficiary)
- Define the payout amount and label
- Make sure all the information is relevant prior to confirming the payout
← Cards Beneficiaries →