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17

Automate internal funds transfers

OPEN

It’d be useful to automate funds transfers between AU primary cash, AU autoinvest cash, and US primary cash using either a dollar or percentage target. Sometimes my primary cash account ends up with a surplus leftover from investments, dividends, etc. Ideally, I’d love to automatically transfer 100% of my primary cash to my autoinvest cash account just in time for my autoinvest to initiate.

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Stuart

21 August 2022

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Michael

Investor

Mon, 5th August 2024

This would be super helpful. My AU cash keeps filling with excess money which I want to be able to auto invest. As OP mentioned, the excess is from dividends. The existing automation rules don't seem to be able to do this, not that I've found anyway.

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Andrew

Investor

Thu, 13th July 2023

I would like this feature or a variation of it also. In my case i don't want to connect my bank account directly to Pearler or have a set amount taken every few weeks, that is not optimal for me. I generally like to choose the amount i move every pay cycle. The issue stems from using manual payments for automate and you can only use payid to deposit into this account. My bank only allows $1000 a day which is annoying as currently I have to do 1-3 days of transactions when i would prefer to do 1 transaction via bank deposit then either have it auto-moved or i can transfer it over. Alternatively make it so we can bank deposit straight into our autoinvest account. Currently it is nearly easier for me to do 1 bank deposit and go allocate shares to the lowest percentage one manually.

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Hayden

Pearler

Sat, 8th July 2023

Hi Danny, I'd love to know more about the use case that would motivate this?

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Daniel

Investor

Tue, 13th June 2023

It looks like this is now available; https://pearler.com/feature-requests/6117ba8233f83e24e9a4586a-auto-invest-sweep-from-bank-account

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Finbar

Investor

Mon, 18th July 2022

This would be nice. I have dividends that are too small for dividend reinvestment transferred directly into pearler and I have to manually transfer them to autoinvest. Hardly the end of the world for me, but it would be nice :)

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