How to Receive Money on ARQ
Receiving money from friends, family, or clients is easy with ARQ. Here's how you can receive your first transfer without any hassle:
Step 1: Share Your Bank Account Details
To receive a transfer, share your ARQ bank account details with the person or company sending you money.
This process works like a standard transfer. Ensure the sender uses the correct details to avoid delays.
Step 2: Receive the Payment in Your Balance
Once the transfer is made, the funds will directly appear in your ARQ balance.
Processing time:
ACH transfers: Up to 5 business days in the United States.
Wire transfers: Typically within 48 hours.
Don't worry if it seems to take a little longer. Your money is safe with us!
Accepted Transfer Methods
ARQ accepts the following methods for transfers:
ACH (Automated Clearing House)
Wire transfer (domestic in the United States)
Not accepted:
Cash payments
Checks
International transfers via SWIFT
Make sure the sender uses a supported method.
How to Find Your Account Details
If you're not sure where to find your ARQ account details, follow these steps:
Open ARQ: Go to the home screen of the app.
Go to the 'Receive' tab: Select the "Dollars" option.
Access your account details: You will see a list of details required to receive transfers, such as your account number and routing number.
Note: If it's your first time accessing this information, you may need to complete identity verification first.