Initial Funding of Your Account. There is no minimum deposit requirement to open a SoFi Bank Account. SoFi Bank reserves the right to close any Account which has not been funded within thirty (30) days after the date of Account opening. There are several ways to deposit funds into your SoFi Bank Account, as set forth in Section V.B below. You may also be able to fund your SoFi Bank Account using Instant Funding, which is a one-time option to use an existing debit card issued by a U.S. bank, to deposit up to $500.00.
Initial Funding of Your Account. We encourage you to fund your Account immediately upon opening. SoFi Securities will close any Account which has not been not funded as prescribed in this section promptly after the date of opening. There are several ways to fund your SoFi Money Account. For example, the initial funding of your SoFi Money Account can be via a transfer of funds initiated through the SoFi website or the SoFi Mobile App, from a linked account that you own or from which you have the legal authority to transfer funds, a direct deposit transaction or a mobile check deposit, etc. Please note that if your initial deposit is an ACH transfer from a linked account at another financial institution that you own or from which you have the legal authority to transfer funds, SoFi Securities reserves the right to place a hold on such transfer in accordance with the SoFi Funds Availability Policy or to return the payment to the sending institution. xxx.xxxx.xxx/xxxxx/xxxxxx.
Initial Funding of Your Account. There is no minimum deposit requirement to open a SoFi Bank Account. We encourage you to fund your Account immediately upon opening. SoFi Bank reserves the right to close any Account which has not been not funded as prescribed in this section within thirty (30) days after the date of opening. There are several ways to fund your SoFi Bank Account. For example, the initial funding of your SoFi Bank Account can be via a transfer of funds initiated through the SoFi website or the SoFi Mobile App, from a linked account that you own or from which you have the legal authority to transfer funds, a direct deposit transaction or a mobile check deposit, etc. Please note that if your initial deposit is an ACH transfer from a linked account at another financial institution that you own or from which you have the legal authority to transfer funds, SoFi Bank reserves the right to place a hold on such transfer in accordance with the SoFi Funds Availability Policy or to return the payment to the sending institution. You may also fund your SoFi Bank Account using Mastercard Send, which is a one-time option to use an existing debit card issued by a U.S. bank to transfer up to $500.00.
