Is there a cost for the money to be transferred into my bank account? July 20, 2023 12:57 Updated No. We do not make a charge for sending your loan to your bank account. Related articles How long does it take to verify my ID? I want to change my bank account number and sort code What happens once I've given my details? Do The Money Platform charge an upfront fee before sending a loan? Is it possible to cancel my loan agreement?