Have you ever thought about how to deposit fund in Tith.ly without any hassle? Good news! This handy guide will clear up the process and make things easier for you. Tith.ly has become a popular platform for many organizations to handle their money matters, and knowing how to deposit funds can save you time and stress.
We’ll guide you through each step of the process. From creating your Tith.ly account to knowing when your deposits will arrive, we’ve got your back. You’ll find out how to start a deposit in Tith.ly with ease, and soon you’ll handle your money like an expert. Let’s get started and help you become a master at Tith.ly deposits!
How to Deposit Fund in Tith.ly?
There are few steps you have to perform before you start learning how to deposit funds in Tith.ly. the steps include setting up your account on Tith.ly, making a profile and more as discussed below. If you already have an account you can skip these and directly go to the actual part “how to deposit fund in Tith.ly”
1. Getting Your Tith.ly Account Ready
To learn how to deposit fund in Tith.ly you have to first make an account on it. Setting up a Tith.ly account is quick, and you’ll soon be able to deposit money without any trouble. Let’s go through the steps together, okay?
Making Your Profile
As mentioned above there are steps you first need to complete in order to know how to deposit fund in Tith.ly. The first is getting your account ready for that you have to make your profile on Tith.ly. So let’s get started with setting up your profile. Tithe.ly has made this process simple and quick. Here’s what you need to do:
- Find the “Sign Up” or “Log In” buttons at the top right of the Tithe.ly website. Don’t stress if you click the wrong one; both options lead to similar steps.
- Pick how you want to sign up. We suggest using your phone number because it makes logging in later much easier.
- If you choose to sign up with your phone number, follow these steps:
- Choose “Sign Up”
- Type in your first and last name
- Make a four-digit PIN (you’ll need it for safe logins so pick one you’ll remember!)
- Type your four-digit PIN again
- Put in your phone number
- Click “Send Verification Message”
- After you do these steps, you’ll see your church’s Giving Form with your profile picture in the top-right corner. Good job, you’ve logged in!
Adding Your Bank Account
Now that you’ve set up your profile, to get one more step ahead on how to deposit fund in Tith.ly, it’s time to add your bank account. This step is key to putting money in Tith.ly. Here’s what to do:
- Go to the “Payment Methods” section in your Tithe.ly dashboard.
- Click on “Add New Payment Method.”
- Pick the way you want to pay:
- Credit Card
- Apple Pay
- Bank Account
- If you want to connect your bank account , Tithe.ly’s partner Stripe, will guide you through the steps.
- Type in your bank account details, including the account number and routing number.
- Click “Continue” to complete the process.
Keep in mind, you can link one bank account to your Tithe.ly profile so double-check that you’re using the right one!
Verifying Your Identity
You need to confirm your identity. This step is essential because of Know Your Customer (KYC) rules, which help stop financial companies from being used to launder money. Here’s what you should know:
- Tithe.ly will ask for the following details to check your KYC:
- Your organization’s complete legal name (as it shows up on official papers)
- Your organization’s EIN/Tax ID
- The Social Security Number of the organization’s legal representative
- A color photo of the legal representative’s driver’s license
- This data helps to confirm that you and your group are real.
- The person speaking for the group should be tied to it often working there.
- If your group has handled $500,000 or more through Stripe (Tithe.ly’s payment system), you’ll need to give the full Social Security Number of the account contact.
- To change your legal details:
- Go to the “Giving” part of your Tithe.ly dashboard
- Find a red banner at the bottom of the page
- Hit the “click here” link in the banner
- A new tab will open with a Stripe page where you can type in the needed info
It takes 24-48 hours to check everything. If they can’t confirm your details, you might need to enter them again.
By taking these steps, you’ll get your Tithe.ly account ready, link your bank account, and confirm your identity. You’ll be set to start putting in money and handling your finances . Keep in mind, if you face any problems along the way, Tithe.ly’s support team is always ready to help!
2. Starting a Deposit
Now that the account is ready, we now have come to the actual step that you were looking for “How to deposit fund in Tith.ly” So it’s time to explore the world of putting funds into Tith.ly. This process is straightforward, and soon you’ll know how to manage your church’s money like an expert.
Choosing the Deposit Amount
When it comes to picking your deposit amount, Tith.ly gives you so many options, it’s like a buffet of choices. Here’s a quick guide to this part of the process:
- Find the “Give Now” button on your church’s Tith.ly page. It stands out like a bright sign on a dark street.
- Click this eye-catching “Give Now” button to open the giving form. This starts the process!
- Type in how much you want to give. Tith.ly works with any amount, from small to large.
- Here’s the cool part. You can pick where your money goes using the dropdown menu. It might say “Current Expenses in our Congregation” at first, but you have other options.
- Want to share the generosity? You can give to several funds (up to 4) by clicking “Add Gift.” For instance, you might put $50 into Current Expenses then add another $100 to the Capital Improvement Fund. It’s like picking and choosing at a money buffet!
Choosing the Funding Source
Now that you’ve decided on the amount to deposit and its destination, it’s time to pick how you’ll fund this kind act. Tith.ly gives you more choices than a box of mixed chocolates:
1. If you added a credit card when you set up your account, it’ll be the default choice. It’s simple!
2. But there’s more! Find the “Manage Payment Methods” option. This gives you more ways to pay.
3. Here, you can pick a different credit card. Got a new card with better perks? You can switch it !
4. Want to use your bank account instead? You can! Set up direct deposit here too. It sends your money straight to the church’s account.
5. People who prefer a set-it-and-forget-it approach can opt for automated giving. This suits those who have a bad memory but a big heart.
6. Automated giving limits your options to “Current Expenses in our Congregation.” You’ll need to make separate donations for special funds. It’s like getting the best of both worlds, but it takes a bit more work.
Here’s a tip:
If you donate a lot, think about changing to monthly gifts instead of weekly ones. For instance, rather than giving $50 every week, you could donate $200 or $250 once a month. This cuts down on transaction fees letting your kindness stretch even further. It’s like making your charitable dollar work harder!
Keep in mind, that Tith.ly puts money into your church’s bank account every day with a two-day delay. So, if you deposit on Sunday, it’ll show up in the church’s account on Tuesday. It happens almost as soon as a teen’s mood changes!
If you follow these steps, you’ll put funds in Tith.ly like an old hand. Whether you give a small or large amount, to one fund or several, Tith.ly makes the process easier than walking on a just-waxed floor. So go on, make that deposit, and see how your kindness has an impact!
*Understanding Deposit Timelines
When you put money into Tith.ly, the timing matters a lot. It’s similar to waiting for a pizza to be delivered – you want to know when your cash will show up. Let’s explore the details of deposit schedules and figure out when your hard-earned money will land in the bank account.
Processing Times for Different Payment Methods
Tith.ly has made depositing funds easier, like putting on a wrinkle-free shirt. Here’s how various payment methods compare:
- Credit and Debit Cards: These transactions move fast. Money you raise today will land in the bank account in two business days. This happens almost as as a teen’s emotions change!
- ACH/eCheck/Bank Account: These transactions take their time. They can need up to ten business days to go through. You might wonder why it takes so long. Well, it’s like sending a letter by regular mail instead of email. The money travels from one bank to another without any outside company helping out in the middle.
- First-time Transactions: Your first transaction through Tith.ly is like a beginner at the gym – it takes longer to get started. The deposit will take ten business days. Don’t worry, this delay happens once. Tith.ly does this to make sure everything is legitimate.
Factors Affecting Deposit Speed
Let’s look at what can speed up or slow down your deposits on the Tith.ly:
- Default Deposit Schedule: Tith.ly puts money in your account every Wednesday. It’s as regular as clockwork. All transactions ready for deposit will land in the bank account on the closest Wednesday.
- Custom Deposit Schedules: For those who prefer to do things their own way, Tith.ly lets you set up custom deposit schedules. You can ask for weekly or monthly deposits to keep bank fees in check. Just send an email to support@tithe.ly, and they’ll set it up for you in no time!
- Holidays: Bank holidays can mess up your plans. They’re like surprise twists in a movie changing when your deposits arrive. For daily deposits, a holiday will push back the day you expect your deposit by that many days. For weekly deposits, a holiday on any day of the week will have an impact on your deposit. If you get your weekly deposit on Wednesday and there’s a holiday on Monday, your deposit will skip that week and start again the following week.
- Technological Advancements: Tith.ly has been working non-stop to make processing times better. They’ve rolled out a new Giving Form and tweaked some things behind the scenes to speed up ACH donations. These days, you’ll see credit card and ACH donations show up together in one deposit just like they belong together.
Keep in mind, knowing these timelines is essential for handling your organization’s money. It’s similar to knowing when your favorite show appears on Netflix – you want to be ready! With this knowledge, you’ll be able to forecast when money will arrive as as a psychic with a crystal ball. So take it easy, and watch those deposits come in !
Conclusion
Putting money into Tith.ly has a big effect on making financial management easier for organizations. This guide has taken you through the steps, from creating your account to learning about deposit schedules. With these insights, you now know how to deposit fund in Tith.ly and you’re now ready to manage your funds.
Keep in mind, that Tith.ly’s easy-to-use interface and adaptable options make managing deposits a piece of cake. Tith.ly supports you whether you want to make a single contribution or set up regular donations. So go on, apply what you’ve learned and start using this effective financial tool to its full potential.
We hope we helped you with the query “How to deposit fund in Tith.ly“. if you liked our article do check out our other articles too in the BLOGS section. Below are some bonus and quick FAQs;
FAQs
1. How long does it take for Tithe.ly to process initial deposits/How to deposit fund in Tith.ly?
Your first Tithely transaction takes ten business days to show up in your bank account. needs this time to carry out its security checks and vetting process.
2. What are the transaction fees for Tithely?
has a fee structure for transactions with entered card details. They charge 2.9% plus $0.30 for each transaction.
3. What steps are involved in making a donation on Tithely?
As mentioned above in the article how to deposit fund in Tith.ly, To give money using Tithely, you need to follow these steps:
- Download the app
- Set up an account or sign in
- Look for your church
- Click “Give Now” to complete your donation
4. Can be trusted for donations?
Yes, Tithely is a trusted platform. Many churches, ministries, pastors, and other 501c3 nonprofit groups use it to handle their money matters.
