The Parent Wallet is where parents and guardians hold their available funds on their Till account. Two things must happen in order for a Parent Wallet to be utilized:
- An external checking account is linked
- An ACH transfer is initiated (please allow 3-4 business days)
As soon as funds have been transferred into the Parent Wallet, they are considered “available” and can be transferred instantly to a kid.
Please note, only account owners and admins have a Parent Wallet.