What happens to your organization’s donations while your bank account is being set up

  • Updated

While your bank account is being processed, we are working with our bank partners to set up your account for automatic next business day deposits. 

During the initial setup time for your Givelify account, donations are manually disbursed by ACH within three (3) to five (5) business days. ACH deposits appear with the description Givelify, LLC. 

Once your account is fully verified, automatic deposits into your bank account will have the description 5/3 – BANKCARD SYS DEPOSIT. 

Note:  If you are adding a new bank account, deposits will continue to be made to your old account until the new account has been processed. 

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