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Step 1 When you open your first Letter account, you will see a welcome page with your name on it, a reminder to deposit funds, and your new account and routing numbers. Step 2 Your first step after opening your new Letter account is to make your initial deposit. You can choose either a wire or ach transfer. Wires take 1 business day and ach transfers take 3-4 business days to arrive. Letter's minimum opening deposit requirement is $10,000, and our minimum account balance requirement is $2,500. We have no associated fees, but do require these amounts to be met in order to maintain an active account. Step 3 To get started making your deposit, tap on the Connect Bank and Deposit button at the bottom of the screen. |
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Step 1 Choose an account type. In this instance you will choose Traditional. Step 2 Tap on Traditional to continue. Step 3 Type in the name of your current banking institution. Step 4 Tap on your institution when it appears in the drop down list. |
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Step 1 Tap Sign In to enter your credentials and sign in to your account. Step 2 You will leave Letter and be taken to your current bank's sign in page. Step 3 Sign in to your current bank account. Step 4 When you are signed in, select the accounts you wish to connect and tap confirm. Step 5 Upon completion you will be returned to your Letter account, and will see a verification screen. Step 6 Once your account is verified, you will be able to make a deposit with it. |
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Step 1 Now that your account is connected, tap on Move Money in the banking menu. Step 2 Select the account you wish to move money from. In this instance it will be from your connected account. Step 3 Select the account you wish to move money to. In this instance it will be your new Letter account. Step 4 Tap on Move Money to complete your deposit. Step 5 Review the transactions details, and if everything looks good, tap Confirm Transaction. |
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Step 1 Your deposit has been submitted. It will typically take 3-4 business days for it to credit to your account. Step 2 Once your deposit has credited, you will be able to begin transacting with your Letter account. Welcome aboard! |