✅ KYC check on all members
✅ Send funds via ACH or Wire (fees may apply)
✅ Order a business credit card
✅ Remote check deposit capture
✅ Same-day ACH
✅ Automatically creates all members to be Payees with the ability for additional Payees
Once your LLC and EIN are completed, we open your business account.
Everyone can see what is coming in and going out of the business account at all times.
There is no limit on the total amount an individual member can contribute. However, daily contribution limits may apply. Larger contributions can easily be split into more than one contribution if daily contribution limits are exceeded.
Yes, the tribe can use funding rounds to start pooling capital contributions. Each member's contributions will be held in their Wallet.
All members can track their contribution from the tribe dashboard. Once a business account is set up, the member can easily move their funds into the business account.
From the Tribe dashboard you can send payments via Wire Transfer (fees may apply). After the Wire has been sent, you can see the status and details of your transfer like the IMAD and OMAD numbers associated.
You can link your bank account from your user dashboard. You'll be prompted by Plaid to locate your bank, provide login credentials and select the account you would like to link.
You can easily add a Payee in the Tribe dashboard under the Business Account tab.
Only designated admins can control the movement of money in the business account. All other members simply have visibility through the dashboard.