The Parent Wallet is where the available balance is held in a parent or guardian’s Till account. Two things must happen for a Parent Wallet to be utilized:
An external checking account is linked.
An ACH transfer is initiated. (ACH transfers take 3-5 business days to clear once the transfer is initiated)
As soon as there are funds available in your Parent Wallet account, you can instantly send funds to your kid(s). 💸️👦️👧️
Just so you know, only Account Owners and Admins have a Parent Wallet.