What is an internal transfer?
An internal transfer moves money between two accounts that belong to you: from a current account to a savings account, from a savings account to a brokerage account, from a platform to your wallet… It leaves one account and enters the other.
Why it is neutral
Your total wealth does not change: it is neither income, nor an expense, nor performance. Counting the outflow as an expense and the inflow as income would distort both the budget and your wealth.
Key takeaway
Example
You transfer €500 from your current account to your savings account. The current account falls by €500, the savings account rises by €500: the total is unchanged. Your monthly budget does not count these €500 as consumer spending: they show as an internal movement, or as savings if the savings account is not tracked in the budget.
In PortefeuilleZen
Both movements can be linked together so they are neutralised, in the budget as well as in the performance calculation.