Benefits of Navy Cash
24/7 Account Access
Cashless ATMs aboard ship provide 24-hour-a-day, seven-day-a-week access to Navy Cash accounts. If you choose the Split Pay Option, you may designate a portion of your pay be sent directly to your Navy Cash accounts each payday.
Easy to Access Money
The magnetic stripe and branded debit features give you access to your funds in your Navy Cash accounts world-wide via Automated Teller Machines (ATMs) and point-of-sale (POS) devices at merchants who accept debit cards.
Easy to Move Money
The cashless ATMs also provide you with access to accounts at financial institutions ashore and the ability to move money electronically to and from Navy Cash accounts and your accounts at a financial institution.
Enrolling in Navy Cash
You must be enrolled in the program to open a Navy Cash account. You must give a signed and dated application form FS 2887 to your Disbursing Office (DO) or designated representative. You must also bring a copy of a cancelled check or deposit slip from your financial institution.
The completed and signed Form 2887 is sent to the Department of the Treasury's designated financial agent who is authorized to initiate debit and credit entries to your financial institution.
After Form 2887 is processed, you'll be able to transfer funds between your financial institution and the Navy Cash account.