How to Transfer Money Between Your Checking Account and Treasury Account

Understanding the Process

To seamlessly move funds between your checking account and Treasury account, follow these simple steps:

1. Navigate to the Banking Page:

   • Log in to your account and go to the "Banking" section.

2. Access the Treasury Section:

   • Within the "Banking" section, click on "Treasury."

1. Initiate a Purchase:

   • Click the "Buy" button to start the transfer process.

2. Select the Funding Account:

   • Choose "Every Inc" as the funding account to use your checking account for the transfer.

3. Specify the Transfer Amount:

   • Input the desired amount you want to transfer to your Treasury account. You can allocate funds to various Treasury assets like money market, one-month Treasury, three-month treasury, or six-month treasury.

   • You will be able to find the treasury yields on this link : https://www.cnbc.com/bonds/

4. Enable Autopilot (Optional):

   • If you want to automate the process of maintaining a minimum balance in your checking account, enable the "Autopilot" feature.

   • Set a desired minimum balance for your checking account.

   • When the balance falls below this threshold, funds will be automatically transferred from your Treasury account to your checking account.

   • Usually companies have atleast 10 months of payroll cost in the checking account.

5. Submit the Transaction:

   • Once you've reviewed all the details, click "Submit" to initiate the transfer.

Additional Tips:

• There is no cost for purchasing treasury bills but there is 0.35% fee that is charged. So your overall yield should be just over 5%.

• Contact Support: If you encounter any issues or have questions, reach out to our customer support team for assistance.

By following these steps and leveraging the Autopilot feature, you can efficiently manage your funds and optimize your financial strategy.