Scheduling Deposits

Our most requested feature is finally here! Now you can use the Recurring Deposit tool to automate USD deposits for dollar-cost averaging. Tap the blue transfers button in the Makara App to get started.

Step 1: Enter the amount you would like to schedule for recurring deposits and flip the "Recurring deposit" toggle on.

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Step 2: Select your scheduling preferences. You can choose from Weekly, Bi-Weekly, Monthly, or Payday (the 1st and 15th of the month). Tap Continue.

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Step 3: Review your recurring deposit amount, schedule, and bank account. If it looks good, tap Create recurring deposit and you're done!

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More information about scheduling deposits:

  • You can only have 1 recurring deposit scheduled at a time.
  • You can edit a recurring deposit by going through the deposit workflow. If you select Recurring deposit, you will be notified that you are editing your previously created deposit.
  • You can delete this deposit at anytime by navigating to the Profile menu and select Delete recurring deposit under Account.

If you have further questions about recurring deposits please submit a request.