You can easily add your bank account to Tola, which enables you to do ACH payments to any vendor.
ACH payment methods allows you to conveniently manage and process payments for your bills and invoices, streamlining your accounts payable process and making it paperless and more transparent.
Always prioritise the security of your personal and financial information when adding payment methods, and regularly review and update your payment settings as needed.
ACH payments on Tola have no fees and take 2-4 days to reach your vendor.
How to add your bank account:
Add a bank account while paying a bill: When paying a selected bill, if you select 'Bank transfer' as a payment method, you will be able to select a bank account. If no bank account is added, you can add it by securely connecting through Plaid or any other bank connector by finding your bank and logging in securely by pressing 'Connect account'.
Add a bank account under 'Settings': You can also add your bank account by going under 'Settings' and selecting 'Bank accounts'. You can add a bank account by pressing the + button on top by securely connecting through Plaid or any other bank connector by finding your bank and logging in securely.
Selecting a default bank account: Each time you will pay a bill, if you select 'Bank transfer' a default bank account will be pre-selected. You are able to change the default bank account under 'Settings', selecting 'Bank accounts', pressing on the desired Bank account and "Mark as default".