> For the complete documentation index, see [llms.txt](https://vesselfinance.gitbook.io/vessel/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://vesselfinance.gitbook.io/vessel/mainnet-user-guide/internal-transfer-send-to-vessels-user.md).
# Internal Transfer - Send to Vessel's User
Internal transfer offers a secure and efficient method to transfer assets between registered Vessel users within Vessel Finance. Several key advantages are:
* **Lower Fees**: Reduced transaction costs compared to external transfers.
* **Faster Speed**: Near-instant settlement between accounts.
## Prerequisites
Before initiating an internal transfer, please ensure:
* Both sender and recipient must have completed on-chain registration in Vessel Finance.
* Sending must have a sufficient balance in the Vessel account.
* Must have a valid recipient address.
## On-Chain Registration
### Option 1: Register Vessel on the First Deposit (Recommended)
This method combines registration with your first Vessel deposit transaction, saving gas fees.
* Click the "Deposit" button anywhere on Vessel.
* Complete your first deposit by following the instructions in the [Deposit Guide](/vessel/mainnet-user-guide/deposit.md), which will automatically include your On-Chain Registration.
### Option 2: Register via Account Settings
* Move your mouse to the account information in the top-right corner of the screen and select **"Register On-Chain"**.
* Click **"Sign in Wallet"** to start the On-Chain Registration process.
* Confirm the transaction within your wallet.
* On-chain registration typically takes about 3 minutes for blockchain confirmation. You will receive a notification once registration is successful.
**Note**: On-Chain Registration is required only once per account, and once completed, you may fully access Vessel’s features.
## Internal Transfer
### Send an Internal Transfer
* Step 1: Go to the Portfolio section and Click "Send"
* Step 2: Select the asset you want to send.
* Step 3: Enter the recipient’s wallet address. \
**Note:** The recipient must complete their On-Chain Registration to receive the transfer.
* Step 4: Specify the amount to send.
* Step 5: Carefully review the transfer details, including the recipient’s address and token amount.
* Step 6: Confirm the transfer message in your wallet. You will receive a notification once it’s successful. **Note**: Once the send transaction is confirmed in your wallet, it cannot be canceled.
### View the history of Internal Transfer
* Navigate through a complete record of all transaction types in the **Portfolio - History** section.
* Select **Internal** to view only your internal transfer history.
* Each record entry will indicate whether it’s “Send” or “Receive,” along with the date, recipient/sender address, token type, and amount.
* Use filters to sort your history by transfer date, token name, or type, allowing easy access to specific records.
