in my bank account statements, it says recurring transfer $25.00. What is it?
the 'recurring transfer' does not add into my account balance..
- 1 decade agoFavorite Answer
if you have a recurring transfer it is more than likely a savings account that is getting the $25.00 so that it will probably make the Checking and savings account that you have free.
If you don't know for sure ask your local bank that you bank with what it is and I'm sure they'd be more than happy to tell you.Source(s): Currently working at a bank.. time with them 2 years in Jan.