If you have a Real Wallet Business Checking Account, either Tax Planning or Debit account, you can add one external account alongside one or both of the Real Wallet accounts.
How to:
-
Navigate to Tax and Payout Settings in reZEN
- Click 'Start Over'
- You will be prompted through verifying your information.
-
When you get 'Choose where you you want to get paid'
- Select 'New external account'
- Input the necessary information
- Navigate back to Wallet and update your Auto Deposit Rules to include your new External Account
Existing Accounts(Any wallet/external account on file)
- Select this path if you already have an existing outside account on file or you just want to update your Auto Deposit Rules
You can edit the division amount at any time!
See: Understanding Auto Deposit Rules
Auto Deposit Rules and Real Wallet Capital
For active Real Wallet Capital loans, only Wallet accounts can be included in the auto-deposit rules, as the funds from the loan are deposited into your Wallet account and repayments for your loan are automatically deducted from your Wallet account. An external account can be added to the auto-deposit rules once your Capital loan is paid in full.
The Real Brokerage is a real estate technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC Insurance available for funds on deposit through Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. The Real Wallet Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply.
Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Pass-through insurance coverage is subject to conditions.