My phone operates in iOS 27.0.1
I was unable to transfer Apple Cash to my bank because the transfer option is missing from the Apple Cash card page. Here is how I was able to make the transfer while the option is still missing.
I went to Settings>wallet & apple pay >apple cash.
On that Apple Cash Payment card page, I scrolled down and found the Transfer to Bank option. I was able to make the transfer from there.
This is a suboptimal procedure in comparison to opening the wallet and making the transfer. Hopefully the “bug” will be “exterminated” soon!