Once you open the app, you will see the following options on the screen: Deposit, Transfer, Pay bills, and More. Tap on Transfer.
Once you tap on Transfer, several options will pop up on the screen: Bank transfer, Send money to a friend, and Set up Direct Deposit. Tap on Send money to a friend. Note that the person you will be sending money to must have a SoFi Money account for a quick transfer process.
On the next screen, you will be asked to enter the name, email address, or mobile number of the person you want to send money to.
After you enter the necessary details, enter the fund amount you want to transfer. You can add a note for your transaction if you wish.
Set the frequency for the transaction you are making, and then tap on Next.
Once you tap on Next, you will see your transaction details. If everything looks good, tap on Pay.
Once you tap on Pay, you will see a confirmation for your fund transfer, and then tap on Done to return to your home screen.