#Hendie-balance

1 messages · Page 1 of 1 (latest)

wary drum
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Hi there, where is your account located?

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Lastly, you can do this via the Dashboard, which will likely be easier than CLI.

vapid lantern
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can I direct funds to our bank_account balance via the Dashboard?

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not card

wary drum
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No, you can't top-up your bank_account balance.

vapid lantern
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not at all, or just not on the Dashboard?

wary drum
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Not at all.

vapid lantern
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huh?

wary drum
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Why do you need to top up your bank_account balance?

vapid lantern
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we use ach, and that will not use funds from our card balance

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ach seems to stay pretty much in the bank_account realm

wary drum
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Yes with our legacy ACH flow it adds to your bank_account balance. This was a previous regulatory requirement.

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However, you can still transfer from your card balance if needed.

vapid lantern
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but when I retrieve balances from our platform account it gives me two balances, one for bank_account and one for card. And if I try to transfer money to another connected account bank_account balance it will not do it from our card balance

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or has that chenged?

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I have not tried that for a while

wary drum
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Sure that's correct with legacy ACH. But that doesn't stop you from transferring card balance to your Connected Account if needed

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It isn't possible to top up your bank_account balance. So, if you need to add more funds to your platform, you have to transfer these extra funds via card balance.

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With the ACHv2 flow (the new ACH flow), we no longer deposit those funds into you bank_account balance.

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They also now go into your card balance

vapid lantern
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can I transfer card balance funds to my bank-account balance ?

wary drum
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No that's not possible

vapid lantern
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how do I know whether I am using legacy ACH or v2 ?

wary drum
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Are you using PaymentMethods (pm_xxxx) for ACH payments?

vapid lantern
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no

wary drum
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ACHv2 was released relatively recently. If your account has been processing for a while, and hasn't been updated, then you are likely still on the legacy flow.

vapid lantern
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ah, ok

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can you maybe point me to the docs for v2 ?

wary drum
vapid lantern
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thanks

wary drum
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Sure!

vapid lantern
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I do have a problem tho - our accountant withdrew to much from our bank_account balance, and we need to top that up again

wary drum
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Okay in that case if it is a one-off, you can write into our Support team (https://support.stripe.com/contact/login) and see if they can help you move funds into your bank account balance. However, the result here might just be that you need to make a portion of transfers from your card balance.

vapid lantern
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hmm, OK, I will consider that