InvestNext's Secure ACH Transfers for inbound funding enables your Investors to complete the entire subscription process through your Investor Portal. Investors will complete a short AML process, sign into their online bank account, and send an ACH transfer of up to $1,000,000 USD. *Note that this is a transaction limit, not a daily limit.*
Before Proceeding: If you have not set up your InvestNext ACH Payments yet, please follow the detailed instructions provided here. You will need to have your banking details approved for InvestNext Payments before proceeding.
Step-by-Step Instructions:
STEP 1: Navigate to the Capital Raises section of your Portal and select the relevant Capital Raise.
STEP 2. Click the Settings tab and then on the Commitment Flows section:
STEP 3. In the Commitment Flows section, select Funding Options to open the menu options:
STEP 4. Under the Secure ACH Transactions tab, enable inbound funding by:
a. Toggle Enable Secure ACH Transfers to the On position.
b. Once enabled, select the bank account by clicking the blue Select button
c. Click Save Changes:
NOTE: The green confirmation message shown above will display after the Funding Option is successfully configured and active.