Just need to add money once? See Adding money to a Pool.

You can skip the next deposit up to 3 business days before it's scheduled. If you try to skip within 3 business days, the upcoming deposit may still process. Future deposits will continue as scheduled.

To change the amount, day, or source bank account, cancel the existing recurring deposit and set up a new one with the details you want.

By selecting Confirm and Start on the previous screen, you authorize Pool to debit your linked bank account in the amount and on the schedule shown, until you cancel.

We'll send you an email confirming your setup, which serves as your record of this authorization.

We initiate each deposit on the day you selected. Your bank will typically show the debit and deduct from your balance on or near that day.

Your first deposit

Your first recurring deposit happens on the next occurrence of the day you chose, not today. For example, if you schedule a weekly Tuesday deposit on a Tuesday, your first deposit will be next Tuesday. If you schedule a monthly 5th deposit on the 5th, your first deposit will be next month on the 5th.

Once initiated, funds usually arrive in your Pool or personal balance within 1–3 business days. In some cases, they can take up to 5 business days. For example, around bank holidays, long weekends, or if bank processing is delayed.

ACH debits don't process on weekends or federal holidays. If your scheduled day falls on a non-business day, we'll initiate your deposit on the next business day. You don't need to take any action.

Monthly recurring deposits can be scheduled for the 1st–28th or the last day of the month. If you select the last day, we'll use the actual last day of each calendar month.

When that day is a weekend or bank holiday, your deposit will initiate on the next business day, which may fall in the following month.

We'll email you 4 business days before each scheduled deposit so you have a chance to skip if your plans change.
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If your bank reports that your account doesn't have enough funds to cover the debit, we'll cancel your recurring deposit and notify you by email. You can set up a new recurring deposit when you're ready.

If your bank declines a debit for any other reason, such as account closed, account frozen, authorization revoked, or stop payment, we'll cancel your recurring deposit and let you know.

If the linked bank account is removed, any recurring deposits using that account will be canceled. The same applies if your Pool is closed or if you're no longer a member of the Pool.

No fees: recurring deposits are free.

Platform limits: Transfer limits apply per transaction, day, week, and month. If a scheduled deposit would exceed any limit, the deposit will fail and we will notify you.

You can stop or skip a scheduled deposit anytime at Poolmoney.com under Pool Settings → Recurring Deposits. For other changes or questions, you contact us at least 3 business days before your next scheduled deposit: