If you have already connected your banking account to TruckSmarter, you can easily move money to and from your TruckSmarter Wallet. Specifically, you can transfer money to other depository-type accounts via ACH (checking or savings) or wire.
|💡 If you have not connected your bank account to TruckSmarter, please follow the steps described here: Link your bank account to TruckSmarter.|
Transfer money out of your TruckSmarter Wallet
First, navigate to the Factoring tab and select the Transfer money button.
Enter the Amount in dollars and select the From account, To account, and Transfer type (ACH or wire). In the example below, we are transferring $100 out of our TruckSmarter Wallet and into our personal savings account, titled Plaid Saving, via ACH.
|💰 The transfer Amount cannot exceed a total of $25,000 per day. For more information about amount limitations for transfer types, please see Transfer and ATM limits.|
Please make sure to review all of the details before confirming the transfer. After confirming your details, TruckSmarter will initiate the movement of money.
Transfer money into your TruckSmarter Wallet
To move money into your TruckSmarter Wallet, you must select TruckSmarter as the To account during the Transfer money flow. In the example below, we are transferring $100 out of our personal checking account, titled Plaid Checking, and into our TruckSmarter Wallet via ACH.
Understanding transfer types
The speed of your money transfer will depend on which transfer type you select. Please note the following differences between ACH and wire:
|Transfer type||Time to complete|
|ACH||Deposited next business day* if requested before 4pm Eastern|
|Wire||Same day if requested before 4PM Eastern Time|
*Business day does not include the weekend. This can vary by your bank. Some users report receiving ACH deposits requested on Friday on Saturdays and others on Mondays.
View past transactions
You can review your past transactions by tapping the See more button on the Factoring tab. Inflows to your TruckSmarter wallet will be notated with a plus sign and outflows will be notated with a minus sign: