What is a ‘Me-to-Me’ funds flow?

What is a ‘Me-to-Me’ funds flow?

• Jun 26, 2023
• Knowledge

Information

Title
What is a ‘Me-to-Me’ funds flow?

Summary
A ‘me-to-me’ funds flow is when a user initiates payments to transfer funds from one of their funding sources to another funding source they own.

For example, a user could connect both a checking and savings account to their customer account and initiate transactions from their connected checking account into their connected savings account.

The following user types can use this funds flow:

• Verified Customer Records
• Unverified Customer Records

A common use case for ‘me-to-me’ funds flows is a savings application, in instances where a user may need to move funds from one of their bank accounts to another.

URL Name
What-is-a-Me-to-Me-funds-flow