Funding Your Scheduled Transfer
Your scheduled transfer needs funding before it can be processed. You need to know when to add money, what reminders you'll get, and what happens if funds aren't there.
When and how do I fund my scheduled transfer?
Scheduled transfers pull from your RemitBee Balance only (we don't charge cards or bank accounts directly on the scheduled date). You can add money to your Balance anytime before the scheduled date using:
- Interac e-Transfer
- Bill Payment
- Bank Transfer (EFT)
Fund your Balance before the scheduled date to ensure on-time delivery. If you wait until the scheduled date, you might miss bank cut-off times and delay delivery to your recipient.
What reminders will I get?
We'll send reminders a few days before your scheduled date. Once we lock in your rate and finalize the amounts, we'll keep you informed at each step.
What happens if I don't fund my transfer?
If you don't fund your transfer on the scheduled date, it expires and gets automatically cancelled. Both one-time and recurring scheduled transfers follow the same rule. You'll be notified if your transfer is cancelled due to insufficient funds.
What happens on my scheduled date?
When your scheduled date arrives:
- We lock in your exchange rate
- We calculate the final amounts
- Your scheduled transfer becomes a regular money transfer
Once your Balance has sufficient funds, your transfer processes automatically. You'll receive a confirmation email and notification.