Transfer Money Easily

A convenient and secure way to send and receive money online. And it’s as easy as sending a text message!

With Popmoney you can:

Send Mobile & Email Payments

Send Mobile & Email Requests for Payments

Deposit Money Into Your Richwood Accounts

Skip the Hassle of Writing Checks or Bank Visits

SENDING MONEY

How Does Popmoney work?

1

Log in to online banking

Log in to your Richwood Online Banking account and select "Payments” and then “Popmoney®”. Send money to anyone by choosing one of these three methods: their email, text message to their mobile number, or directly to their account with their bank info.
2

Recipient gets notified

The recipient will be notified by email or text.
3

Recipient completes deposit

Recipients complete the deposit of money via one of these methods (in order of preference): Richwood Online Banking, another online banking site that supports Popmoney®, or Popmoney.com.
4

First time using Popmoney?

If it is the recipient’s first time receiving a Popmoney® payment via either email or text, they will likely need to enable that payment method by entering a verification code sent by Popmoney®. If the recipient is using the Popmoney.com site, they will need to enter their bank information the first time as well. Once this is done, they can easily receive payment.
REQUESTING MONEY

How Does Popmoney work?

1

Tell us who you want to collect money from

Tell us who you want to collect from and how much. The person or group doesn’t need to have an existing Popmoney® account. All you need is their email or mobile number.
2

Recipient gets notified

The recipient(s) will be notified by email or text. We can even send a reminder if they forget.
3

Recipient completes payment

Recipients can make the payment with just a few clicks.
4

Money goes into your account automatically

The money goes into your account automatically. You’ll get the money in your Richwood Bank account and a notification that your request has been paid.

*There is a $0.50 fee for all initiated Popmoney® transfers by Richwood customers. There is a $0.75 fee for all Popmoney® payment requests by Richwood customers.There is a $0.95 fee for all initiated Popmoney® transfers by non-Richwood customers. You may make no more than six transfers and withdrawals (including Popmoney®) from your Richwood Diamond or Investment account during any statement cycle. See section Terms of Use for (Popmoney Personal Payments Service) of the Terms and Conditions of Bill Payment for all service features. If the sender has selected Next Day or Express delivery then the recipient will receive the funds one business day after accepting the payment. In some cases, the funds may not be available until three business days. Transfers must be initiated before 2:00 pm eastern time to be considered initiated on that business day. Limits have been created on how much money and how many payments can be sent during various time periods. You can click the help icon next to the Amounts field to view your available limits.