Auto deposit (not card)

Hi

Is it possible to set up recurring monthly deposits but without using card payment?

That’s possible, @MercianRaider - you can find all of the details on how to set up the feature in this topic from our Community.

To sum it up, there are two main steps:

  1. If you are creating a new Pie, just select ‘Free funds’ as the payment method during the funding setup. If you already have a Pie, you can change its payment method from the AutoInvest tab. This way, the Pie will start using your unused account cash as per the deposit schedule you’ve previously set.

  2. Once you set up the Pie to use your free funds, schedule a recurring bank transfer (standing order) using your online banking app. The execution date should be 2 to 3 days before your Pie’s investment date, so there’s enough time for your money to arrive before the next AutoInvest.

Thanks. All sorted

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1 Like

You’re most welcome :raised_hands:

Hi im looking to setup a monthly bank transfer to deposit funds into my T212 account so my pie can take money out of my free funds. Where do i find the account number and sort code to give to my bank. All i can see is a invest account id and isa id. Thanks in advance :slight_smile:

Welcome to the Community, @Erniebert1 :wave:

To find our bank details, visit the ‘Deposit funds’ tab and select bank transfer as the payment method. Once you get through the prompts and enter your account number, you’ll be able to see our bank details and switch between other currencies to find the specific details for each of our accounts :raised_hands:

Thankyou. I presume by adding the unique code as a paye reference it means it tells you the funds go to my T212 account?

Yes, adding your Account ID in the payment’s reference field ensures we can allocate each deposit as soon as we receive the funds :slight_smile: