Scheduled transfers allow you to send money on a specific date or on a regular basis to your recipients.
Setting up a scheduled transfer:
- Tap on Transfer in the bottom right
- Tap on Send
- a) Select an existing recipient from your contact list
b) For a new recipient, tap Add new recipient. Next, enter the recipient's name and IBAN and tap on Next - Enter the amount and tap on Next
- On the overview screen, tap on Schedule
- You can select the frequency of the transfer as one time, weekly, monthly or quarterly by tapping on Frequency
- The start date can be set by tapping on Starting on
- Once you have confirmed the start date and frequency tap on Set
- You’ll now see an overview of the scheduled transfer details and you can enter a reference in the field Add Reference
- Finally, authorise the scheduled transfer by entering your PIN, or using your fingerprint or Face ID.
Your scheduled transfer will be sent on the selected date and time frequency to arrive in the recipient’s account within 1-2 business days.
Sending a scheduled transfer
The amount of the scheduled transfer must be available in your account one day before the transfer date. Notifications will be sent to remind you of your scheduled transfer or to top up your balance if you have insufficient funds available for the transfer. Transfers scheduled for holidays or weekends will be executed on the next business day.
No fees are applied for unpaid scheduled transfers
Changing a scheduled transfer
You can edit or delete a scheduled transfer one day before the transfer date.
- From the Cash tab, tap on Transactions
- Select the scheduled transfer from the upcoming transactions
- Tap on Manage
- To delete the scheduled transfer, tap Delete and then Yes
- To amend the scheduled transfer, tap on Edit to change the amount, date and/or frequency.
- Confirm the changes by tapping on Set
A notification will be displayed in the app to confirm the update of your scheduled transfer has been successful.