Can I Move funds between the different Reap balances?
In Reap Treasury, you can move your stablecoins between the different Reap balances if you want to consolidate them.
You can move funds between Reap Card, Reap Pay and General.
Please note that you cannot move funds from your Reap Card collateral into Reap Pay or General.
From \ To | Reap Card | Reap Pay | General |
Reap Pay | Yes | Yes | Yes |
General | Yes | Yes | Yes |
Reap Card | No | No | No |
What happens when moving funds?
When moving funds to Reap Card: Your Card collateral will increase by the transferred amount
When moving funds to Reap Pay: Any payments awaiting funds will be processed if the amount transferred covers the amount to be paid out.
When moving funds to General: No effect
How to
Navigate to Reap Treasury and find the Move Funds button at the top right of the screen
In Move funds, follow the flow by selecting the origin and designation of funds and press Transfer funds to complete the transfer. Reminder: transfers into your Card collateral are irreversible! You can contact us directly if you need support at hello@reap.global.
The funds should be credited within a minute!