Altruist makes it easy for Invest Vegan clients to deposit funds into their accounts.
Link a bank account #
Note: Only checking and savings accounts can be linked to Altruist (not investment accounts, credit cards, etc). It’s generally best to link a checking account because savings accounts often limit the size and frequency of transactions.
On the web #
Once you’ve logged into the client portal, click “add funds” on the upper right hand corner.
A menu will pop up on the right side of your screen. Click “deposit”
Then select the account you’d like to deposit funds into.
If you’ve previously linked a bank account, you’ll be able to see it in the dropdown menu on the next screen. But if not, don’t worry! You can just click “add funding account” to initiate the account linking process.
On the mobile app #
You can also initiate this process through the Altruist client app on your smartphone.
Unsupported Banks #
Altruist does not support linking bank accounts through Plaid for the following institutions:
- Green Dot
- Metropolitan Commercial Bank
- Central Bank of Kansas City
It may be simplest to fund your account by check if you work with any of the above institutions. Please also feel free to contact us for help finding the simplest way to fund your account.
Mail a Check #
Altruist also makes it simple to fund your account via check if you prefer to keep things analog. You can begin that process the same way as above.
Once the menu pops up, select “check”.
As above, you then select the account that you’d like to deposit funds into.
Once you’ve selected an account, Altruist will generate instructions to help ensure your check reaches your account without undue complication.
A few notes: #
- It’s advisable to send checks via certified mail to guarantee posted tracking and delivery.
- If you’re writing a check to yourself, it will usually be held for three business days before being deposited. If the check comes from a third party, it will be held for five business days. Funds will be available for trading on the day that they are posted.
Wire Transfer #
If you prefer to send funds via wire transfer, Altruist generates wire instructions through a process much akin to the one described above. Just click “wire transfer” in the menu page to begin that process.