I have added my verified business bank account, but how do I get money from there into my Budgetly account?
Before making a deposit into your Budgetly account, you must verify your business bank account details with us. Make sure you have followed these steps before you make a bank transfer.
Once you have verified your bank account with us, you can make your first deposit.
Funds transferred from a non-verified bank account will not be accepted into your Budgetly account.
Step 1 - Finding your Budgetly account details
Click the Deposit Instructions button in the top right hand corner of your Budgetly Account page.
You can also click the deposit button in the middle of the page to get to your bank details.
This will have an amount next to it that is based off the total value of your budgets.
Step 2 - Seeing your Budgetly account details
You can transfer into your account via two methods: bank transfer and PayID.
What's the difference? See our FAQs below.
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Step 3 - Making the transfer
Go to your online banking portal and go to make a payment to a new payee.
For bank transfer: enter your Budgetly account's BSB and Account Number.
For PayID: select to pay via email and enter your Budgetly PayID.
Choose an amount to transfer.
We recommend enough to cover all of your combined budgets. For example, if you have 3 budgets that you have set to top up with $1000 each per week, you would want to transfer a minimum of $3000 per week.
Step 4 - Check your Budgetly account balance!
Your available balance is shown in the top left of your screen.
Deposit FAQs:
What's the difference between PayID and bank transfer?
PayID is a quicker way of transferring funds. Budgetly give you a unique email address and most Australian banks allow you to add an email PayID as a payee.
The funds are usually transferred within a few minutes.
This is our recommended option.
Bank transfer
You are given a unique bank account with your business name, a BSB and account number. Record it in your bank for regular transfer. The speed of this transfer will depend on your bank. It is usually cleared quickly but can take a few business days on some occasions.
Still need help? Click here to get in touch with our friendly Support Team.