# Can I transfer money between two cash accounts?

**URL:** <https://community.mycapitally.com/t/can-i-transfer-money-between-two-cash-accounts/500>\
**Category:** Questions\
**Tags:** transactions\
**Created:** [February 20, 2025, 5:58pm UTC](https://community.mycapitally.com/t/can-i-transfer-money-between-two-cash-accounts/500 "2025-02-20T17:58:51Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Krystian\_Rajski](https://community.mycapitally.com/letter_avatar_proxy/v4/letter/k/155e75/32.png) [@Krystian\_Rajski](https://community.mycapitally.com/u/Krystian_Rajski)\
**Post date:** [February 20, 2025, 5:58pm UTC](https://community.mycapitally.com/t/can-i-transfer-money-between-two-cash-accounts/500/1 "2025-02-20T17:58:52Z")

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I have set up multiple cash accounts. I’d like to transfer money from one account (bank) to another account (broker). Is it possible?

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**Author:** ![rafal](https://community.mycapitally.com/user_avatar/community.mycapitally.com/rafal/32/18_2.png) [@rafal](https://community.mycapitally.com/u/rafal)\
**Post date:** [February 20, 2025, 6:01pm UTC](https://community.mycapitally.com/t/can-i-transfer-money-between-two-cash-accounts/500/2 "2025-02-20T18:01:22Z")

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The way to do this is to add two transactions:

1. A negative Transfer in the first account (bank) for the amount you’re sending
2. A positive Transfer in the second account (broker) for the amount you’re receiving

Since these are cash accounts, the price will automatically be set to 1, you just need to enter the quantity (amount) being transferred.

If you want to learn more about tracking cash transactions, check out our help article here: [How to Track Cash in Capitally | Capitally](https://www.mycapitally.com/help/tracking-cash#how-to-select-the-right-asset)

The second transaction will be created automatically once this is implemented: [Tracking cash balances / Double-entry bookkeeping - #3 by rafal](https://community.mycapitally.com/t/tracking-cash-balances-double-entry-bookkeeping/38/3)
