Deposit funds into Budgetly

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.

Note: 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 - Find your Budgetly account details

You can find your Budgetly account details in the Funds table on your Dashboard (or in your Settings / Accounts page).
The Funds table includes the BSB, Account Number and email PayID of your Budgetly accounts.
You can click the 'Copy' button next to the numbers to easily copy and paste them into your online banking system.

Step 2 - Choose your transfer method

Go to your online banking portal and follow their steps to add a new payee and to make a deposit.

Bank transfer: Enter your Budgetly account's BSB and Account Number.
PayID: Select to pay via email and enter your Budgetly PayID.

Choose an amount to transfer.

Important: 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 last column of the Funds table.

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.