motusbank offers only fixed and variable rate mortgages and Home Equity Lines of Credit (HELOC). To make payments towards these loans, you can utilize their online banking platform, mobile app, or ATMs. Through online banking or the mobile app, you can initiate transfers from your linked bank account to your motusbank loan account. Alternatively, you can visit an ATM that supports bill payments or transfers and follow the prompts to make a payment. These methods offer convenience and flexibility for managing your loan payments.

Make payments online through the bank account

To make motusbank loan payments online through your bank account, you'll need to follow a few simple steps. However, it's important to note that motusbank doesn't offer personal loans; they specialize in mortgages and Home Equity Lines of Credit (HELOC).

While there isn't specific official information on how to repay mortgages or HELOCs through the online account, the process generally involves transferring money from your chequing or savings accounts to your loan account. Here's a general guide on how to do it:

1. Log into Your Online Banking. Access your online banking platform through your computer or mobile device. Ensure that you're logged in securely to protect your financial information.

2. Locate the Transfer Option. Navigate to the section where you can initiate transfers between accounts. This may be labeled as "Transfers," "Payments," or a similar term, depending on your bank's interface.

3. Select Your Accounts. Choose the accounts involved in the transfer. You'll likely need to select your chequing account as the source of funds and your motusbank loan account (mortgage or HELOC) as the destination.

4. Enter Payment Details. Enter the amount you wish to pay towards your motusbank loan. Double-check the information to ensure accuracy, including the account numbers and payment amount.

5. Schedule the Transfer. Depending on your preferences and the capabilities of your online banking platform, you may have the option to schedule the transfer for a future date or set it up as a recurring payment.

6. Review and Confirm. Before finalizing the transaction, review the details one last time to ensure everything is correct. Once you're satisfied, confirm the transfer to initiate the payment.

7. Monitor Your Accounts. After making the payment, keep an eye on your accounts to confirm that the transaction goes through as expected. You should see the payment reflected in your motusbank loan account within a few business days.

Make payments through the app

To make motusbank loan payments online through the mobile app, you'll follow similar steps as with online banking. However, it's important to note that motusbank doesn't offer personal loans; they specialize in mortgages and Home Equity Lines of Credit (HELOC).

While there isn't specific official information on how to repay mortgages or HELOCs through the mobile app, the process generally involves transferring money from your chequing or savings account to your loan account. Here's a general guide on how to do it:

1. Open the Mobile App. Launch the motusbank mobile app on your smartphone or tablet. Ensure that you're logged in securely to access your account.

2. Navigate to Transfers or Payments. Look for the option to initiate transfers or payments within the app. This may be located in the menu or on the home screen, depending on the app's layout.

3. Select Your Accounts. Choose your chequing account as the source of funds and your motusbank loan account (mortgage or HELOC) as the destination for the payment.

4. Enter Payment Details. Input the amount you wish to pay towards your motusbank loan. Verify the information to ensure accuracy, including the account numbers and payment amount.

5. Confirm the Transfer. Review the details of the transfer before confirming it. Double-check the amount and accounts involved to ensure everything is correct.

6. Authorize the Payment. Once you're satisfied with the details, authorize the transfer to initiate the payment process. You may need to provide additional security credentials, such as a PIN or biometric authentication.

7. Monitor Your Transactions. After completing the payment, monitor your accounts to ensure that the transaction is processed successfully. You should see the payment reflected in your motusbank loan account within a few business days.

Make payments through a different bank

To make motusbank loan payments online through a different bank, you'll typically need to set up a bill payment or transfer from your external bank's online banking platform. However, it's important to note that motusbank doesn't offer personal loans; they specialize in mortgages and Home Equity Lines of Credit (HELOC).

Since there isn't specific official information on how to repay mortgages or HELOCs through a different bank, the process generally involves contacting your bank directly for assistance. Here's a general guide on how to proceed:

1. Log into Your Bank's Online Banking. Access your external bank's online banking platform using your computer or mobile device. Make sure you're securely logged in to your account.

2. Navigate to Bill Payments or Transfers. Look for options related to bill payments or transfers. This may be labeled as "Pay Bills," "Transfers," or similar terms, depending on your bank's interface.

3. Add Payee (motusbank). If motusbank is not already set up as a payee in your external bank's system, you may need to add it. Search for "motusbank" in the list of payees and follow the prompts to add it.

4. Enter Loan Account Information. Provide the necessary information about your motusbank loan account, such as the account number and payment amount.

5. Schedule the Payment. Choose the date you'd like the payment to be made. You may have the option to schedule it for a future date or make an immediate payment.

6. Review and Confirm. Double-check the details of the payment, including the account information and payment amount, to ensure accuracy. Confirm the payment to initiate the process.

7. Monitor Your Accounts. After scheduling the payment, monitor your accounts to ensure that the transaction is processed successfully. You should see the payment reflected in your motusbank loan account within a few business days.

Via ATM

To make motusbank loan payments online through the ATM, you'll typically need to follow a set of steps specific to your ATM provider. However, it's important to note that motusbank doesn't offer personal loans; they specialize in mortgages and Home Equity Lines of Credit (HELOC).

While there isn't specific official information on how to repay mortgages or HELOCs through the ATM, the process generally involves following these steps:

1. Locate an ATM. Find an ATM that belongs to your bank or a network that supports online loan payments. Ensure that the ATM allows for bill payments or transfers.

2. Insert Your Card. Insert your bank card into the ATM and enter your PIN to access your account.

3. Select the Bill Payment or Transfer Option. Navigate through the ATM menu to find options related to bill payments or transfers. Look for terms such as "Pay Bills" or "Transfer Funds."

4. Enter Payee Information. If motusbank is not listed as a payee, you may need to manually enter the payee information, including the account number and payment amount.

5. Confirm and Complete the Transaction. Review the details of the payment to ensure accuracy. Once you're satisfied, confirm the transaction to initiate the payment process.

Additional resources

• About Motusbank
• Motusbank Online Banking
• Motusbank Mobile App
• Motusbank Customer Reviews

Sources

• Motusbank Website