ACH (Automated Clearing House) transfers offer a convenient and secure way to fund your DF-Direct account. This method allows you to electronically transfer money directly from your bank account to your DF-Direct account in the most straightforward and efficient way.
Key Benefits:
Cost-effective: ACH transfers are typically free or have minimal fees.
Secure: Uses encrypted electronic networks for added safety.
Convenient: Can be set up for one-time or recurring transfers.
How to Set Up Transfers:
Log in to your DF-Direct account
Navigate to the "Funding" or "Transfer" section
Select "ACH Transfer" as your funding method
Choose your linked bank account [see below for linking accounts]
Specify the transfer amount and frequency
Linking Your Bank Account to DF-Direct
DF-Direct offers two primary methods to link your bank account:
Instant Verification:
Select your bank from the list of supported institutions
Log in to your online banking securely through DF-Direct's platform
Your account is instantly verified and linked
Manual Verification:
Enter your bank account and routing numbers manually
DF-Direct will make two small test deposits (usually less than $1 each)
Check your bank statement for these deposits
Enter the amounts on DF-Direct to verify your account
Once your account is linked, you can easily initiate ACH transfers.
N.b. you can “Continue as Guest” if you don’t have a suitable mobile number for the Plaid pop-up.
Processing Time:
ACH transfers typically take 1-3 business days to complete.
Things to Remember:
Ensure sufficient funds in your bank account to avoid fees
Be aware of any daily or monthly transfer limits
Keep your account information secure
By linking your bank account and using ACH transfers, you can efficiently manage your DF-Direct account funding with ease and confidence.
For the purpose of this article we have used ACH as the method of account linking with your US-based bank. The same methods can also be followed when using digital platforms that offer USD banking details such as Wise or Revolut - simply select them from the list of available institutions.
We are in no way affiliated with Wise, Revolut, or any other provider. They have simply been used as examples of providers available within the market.
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