How do Rules work?
How Rules Work
A Rule automatically moves or distributes funds based on the trigger and conditions you define.
For a rule to complete successfully, two things must happen:
- The trigger condition must be met
- There must be sufficient available funds in the account
If either of these conditions is not met, the rule will not run.
Rule Triggers
A rule can be triggered in one of two ways:
Incoming (Payment-Based)
The rule runs when a payment is received into an account.
- Example: when funds are received, automatically move 23% to a VAT account and 77% to an operating account.
Scheduled (Time-Based)
The rule runs at a specific date and time (e.g. daily, weekly, or monthly). Scheduled rules only run at the exact time configured.
- Example: on the last day of each month at 08:00, sweep the full balance to another account.
Available Funds Requirement
Rules can only move funds that are available in the account at the time they are triggered.
- Accounts cannot go into a negative balance.
- If the account balance is €0, there is nothing to move.
- If the rule would cause the balance to drop below €0, it will not complete.
If there are no available funds when the rule runs, no transfer will take place.
Important to Know
- Scheduled rules do not run early or retroactively.
- If funds arrive after a scheduled rule has run, the rule will not automatically retry until the next scheduled time.
- Incoming rules only trigger when a new payment is received.