There are two ways to add funds to a Modulr account.
- By using the 'Add Funds' feature from the account view
- By sending a payment from an external bank account to your Modulr account using the sort code and account number.
Add Funds feature
Depending on your setup, you can securely ‘pull’ funds into your Modulr accounts from an external source such as your bank, via Open Banking, without leaving the Modulr Portal.
If you don't have this feature and you'd like to learn more about adding it, please contact Support for more information.
Sending a payment from an external bank account
Alternatively, you can manually send funds to your Modulr account from your bank to the sort code and account number of your Modulr account.
Where do I find the sort code and account number? →
Important – first time funding
The first time your or a client tops up a Modulr account via Add Funds in the Portal, the external bank they are sending funds from will complete a verification check.
This is often instant but on rare occasions, it may take minutes to hours. We would advise to fund the Modulr account as soon as possible the first time and preferably via telephone banking. This is to ensure the bank has time to complete any verification checks with the bank directly if required.
Once payments have been approved and the money has been transferred, the payments will automatically be sent out to employees via faster payments on the scheduled date!