We heard from many of you that the wait for your funds to hit your addy wallet was not cutting it; potentially missing out on the latest investment. That’s why our software engineering team has been working hard to roll out instant funding so that you don’t need to sit around waiting for those stacks to arrive.
Sooo…Ta da! As of TODAY you no longer need to wait up to 7 business days to see your funds hit your addy wallet because you can now add funds instantly from your bank account. Say whaaat?
How does this work?
Magic! In your account – smash that “add funds” button! That’s it! Charter Members now have instant access to $500 of your deposit and if you’re a Believer Member, you can instantly access up to $1,500! But really, we’ve simply lent you the money until your funds arrive which can take up to 7 business days.
What do I need to know?
How do I activate instant funding?
You need to link your bank account with addy.
Does instant funding work with Interac E-transfer?
Do I need to fund the full amount I’m entitled to in one shot to take advantage of instant funding?
No, this can be spread across multiple deposits. For example, if you are a Charter member, you can access up to $500 in one deposit or across multiple smaller ones.
How much do Charter members get access to?
Charter members can access up to $500 instantly, but you can transfer as much money as you want.
How much do Believer members get access to?
Believer members can access up to $1,500 instantly, but you can transfer as much money as you want.
When does the Instant Funding limit reset?
Your limit resets after your deposit is processed, which can take up to 7 days.
What happens if I transfer more than my limit for instant funding?
If you deposit more than your instant fund limit, the remainder of your funds will be available in your addy wallet within 7 business days.
Can I withdraw money funded instantly?
No, you cannot withdraw the instant funding until your deposit has been processed.
DISCALIMER: As a Charter or Believer member, if your funding request returns as Non Sufficient Funds (NSF), addy does not charge you any extra fees but we reserve the right to cancel your share purchase agreement and debit your addy wallet. If you do not wish for your shares to be cancelled, fund your wallet with the appropriate amount within 24 hours.