In plain English
This means setting up a transfer before it happens. The money is planned to move from one account to another on a chosen future date.
In context
Here, “scheduled transfer” labels the option for setting up money to move from one account to another on a chosen future date.
- Situation
- Sending transfers, receiving payouts, withdrawing funds, and reading wallet balances
- What it communicates
- Labels a future-date transfer option.
Meaning limits
By itself, the term does not confirm that the transfer will later be carried out.
Examples
“She set up a scheduled transfer from her current account to her savings account for 15 June.”
“For next week's payment, select scheduled transfer rather than send the money today.”