Deposit to Multiple Bank Accounts

Deposit to Multiple Bank Accounts

Written by Lonnie Passoff
Last update: Friday, Dec 27, 2024

It is possible to split deposits between multiple bank accounts in Edebit and ACH, however, for Edebit, our system does not split it up the way you would think. If you want a 50/50 split between two accounts, we will split your account's deposits based on volume and it will eventually equal out to 50/50. For example, if you process 2 debits today, our system might send both to one checking account or it could split them. Tomorrow you process two more debits and it might send them to the other checking account or it could split those as well. The algorithm that the system uses is not predictable, but it will always total out to be as close to 50/50 as possible.

If you have any further questions or need assistance in adding a secondary checking account, please let us know by sending an email to [email protected].

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Written by Lonnie Passoff.