Scheduling Frequencies and Date Rules for transfers

Setting up recurring transfers means understanding how frequencies work and what happens when dates get tricky. Different payment patterns require different frequency options.

What frequency options are available?

You've got five choices when scheduling a transfer, each designed for different payment patterns.

Never (one-time)

Your transfer happens once on the date you pick, then it's done. The default option shows your scheduled date displayed under the frequency label (something like "On June 24th, 2025, only").

Weekly

Your transfer repeats every week on the same day. Perfect for payments that happen every Monday, every Wednesday, or whatever day you choose.

Bi-weekly

Your transfer repeats every two weeks on the same day. Common for bi-weekly payroll or payments that follow a two-week cycle.

Monthly

Your transfer repeats on the same date every month. Great for rent, monthly bills, or regular family support.

Quarterly

Your transfer repeats every three months on the same date. Useful for quarterly payments or regular business expenses.

How do I schedule for specific days or dates?

The date you select first determines everything that follows. You're setting your anchor point.

For weekly transfers

Pick the day of the week you want in the first date field. If you want transfers every Wednesday, select the next upcoming Wednesday as your transfer date, then choose "Weekly" as the frequency. Your transfer will now repeat every Wednesday moving forward.

For monthly transfers

Pick the date of the month you want in the first date field. If you want transfers on the 15th of every month, select the 15th as your transfer date, then choose "Monthly" as the frequency. Your transfer will now repeat on the 15th of every month.

The pattern you choose in the first field creates the pattern for all future transfers.

What happens when I schedule for the 29th, 30th, or 31st?

Some months have fewer days than others (February is the obvious culprit, but April, June, September, and November also skip day 31). When your scheduled date doesn't exist in a particular month, your transfer automatically moves to the 1st of the following month.

Examples:

Transfer scheduled for the 31st of February processes on March 1st
Transfer scheduled for the 30th of February, processes on March 1st
Transfer scheduled for the 29th of February (non-leap year) processes on March 1st

It's not ideal, but it's better than skipping the transfer entirely. We move it forward rather than backward to keep things consistent.

How far ahead can I schedule?

You can schedule transfers up to one year from today. Both one-time transfers and recurring patterns have the same limit.

For recurring transfers specifically, make sure your end date falls within one year of when you set up the transfer. So if you create a recurring transfer on June 1st, 2025, the latest end date you can choose is June 1st, 2026.

Why the one-year limit?

Exchange rates become too unpredictable beyond that timeframe, and we want to keep your transfers as accurate as possible (even with the approximate amounts, there are limits to how far into the future we can reasonably project).