Yes, we do! If your bank account is linked to your dough account instantly (not manually via the micro deposit method) then up to $1,000 can be instantly deposited if we are able to validate a suitable amount of funds in your bank account.
If you make a deposit greater than $1000, then $1000 would be given as instant credit in your dough account and any additional amount will arrive into your dough account over the next 1-2 business days contingent on the funds being cleared at your bank. The cutoff for the additional funds are as follows:
- If you initiated the deposit before 2PM CST, your funds will arrive in your account on the next business day
- If you initiated the deposit after 2PM CST, your funds will arrive in your account in 2 business days
For example: Your bank account is linked instantly (via Plaid) and you initiate a deposit for $3,000 on Monday morning at 7AM CST. If we're able to verify the funds are in your bank account, the timeline for the funds arriving in your dough account would be as follows:
Monday: $1000 would be offered to be received instantly
Tuesday: $2000 in additional funds ($3,000 - $1,000 received instantly) would arrive in your dough account
*There are a couple things to be aware of regarding instant deposits:*
- Instant funding is currently only offered on your first deposit of the day.
- Bank accounts linked via micro deposits (manually) are not offered instant funding at this time.
- If we are unable to verify a suitable balance in your bank account or if there are any connection disruptions with your bank institution at the time the deposit is made, the instant funding option will not be available and your funds will arrive in your dough account in 1-2 business days.