At DolarApp, we give you your own unique US account details (ACH and Wire Account and Routing numbers) so you can send or receive dollars via ACH or Wire Transfer. When you send USD to your account number, you receive digital dollars in your DolarApp balance.
What is a Wire Transfer?
A payment sent between bank accounts via the Wire network is known as a Wire transfer.
How long will my Wire transfer take to arrive?
Wire transfers are normally completed in 48 business hours.
What Information is needed for a Wire Transfer?
To make a Wire transfer, you’ll need the following details:
Beneficiary name, in this case, your name.
Bank name, in this case, Lead Bank.
Routing/ABA Number
Account number
Type of account, in this case, it's a Checking account.
You will find all of these details from DolarApp in the Account section within the app.
How can I transfer USD to DolarApp from my bank account with a wire payment?
Here are the steps to transfer funds through the Wire network.
🔗 Link DolarApp to your existing bank account
This essential step isn’t too complicated, but it can’t be skipped. To complete this step, you need to add your DolarApp Account and Routing number as a payee or beneficiary to your existing bank account. To link your account, your bank usually makes two small deposits (usually less than $1) to your DolarApp account. They'll ask you to confirm the deposits by entering the amount into their banking portal. Once you enter the correct deposit amounts, your account will be linked.
Need more help? Watch these videos.
Adding a new bank account video tutorial
Validating microdeposits video tutorial
💰 Enter the payment amount.
📆 Prepare to complete your payment.
Some financial institutions will let you post-date a payment. Remember that the payment can take up to 6 or 7 days to be credited, so don't panic if it takes a little longer to be reflected in your balance. Your payments are safe with us.
Still have questions? Write to us in the Support tab, and we will gladly help!