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Simplify Your Finances with Auto-Transfers

Bethany McClain avatar
Written by Bethany McClain
Updated over 7 months ago

Simplify your finances and focus on growing your business with Arc's powerful automation tools. Automate maintaining a minimum balance on your Arc Business and Wallet accounts by setting up auto-transfers from your Arc Treasury account.

Set up auto-transfer rules

Only account Admins have permission to set up and update auto-transfer rules.

You can set up 1 rule for your Arc Business and Wallet account each with either weekly or bi-weekly cadence. We recommend setting the minimum balance target to 2x the amount that you typically need to ensure there are always sufficient funds. Watch the step-by-step demo below on how to set up auto-transfers in your Arc account:

Edit/delete auto-transfer rule

To update or delete an existing auto-transfer rule, please log in to your Arc dashboard:

  1. Navigate to the account in which you have auto-transfer set up

  2. Click on the “Auto-transfer rules” tab

  3. Click on the three dots next to the rule -> “Delete rule”

  4. From here you can set up a new rule if needed

Benefits of Auto-Transfers for Your Business:

  1. Efficiency: Auto-transfers eliminates the need for manual intervention in transferring funds, saving you time and ensuring timely transactions.

  2. Cash Flow Management: By setting up auto transfers, you can better manage your cash flow by scheduling transfers to cover regular expenses or funding specific accounts as needed.

  3. Reduced Errors: Automating transfers reduces the risk of human error associated with manual transactions, enhancing accuracy and minimizing the potential for mistakes.

  4. Financial Planning: Auto-transfers facilitate financial planning by consistently allocating designated amounts to specific accounts or purposes, supporting your business's financial goals.

For further assistance or questions regarding auto-transfers, don't hesitate to reach out to our dedicated support team. We're here to help you make the most of your Arc account and optimize your financial operations.

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