Hello Tally Community!
We are happy to (finally!) say the changeover is now complete and your new account number and sort code is available for electronic funds transfers, so these no longer need to be processed via our support team.
This means you can now make GBP transfers directly from your existing bank account that will convert to tally in your TallyMoney account. To view your new payment account details please log into your TallyMoney app, tap âTransfer inâ on your home screen, and youâll be able to access your new details.
Please take a moment to update anyone planning to make a payment to your TallyMoney Account with your new account number and sort code and reset any regular payments in (such as standing orders). Please remember that payments should not be sent using BACS or CHAPS.
As part of the TallyMoney Terms & Conditions, all customers must have a bank account in their name linked to their TallyMoney account. This can be any UK Bank account, but does need to be in your name. This is for your own protection, as this account is linked to our Security Trustee mechanism which provides uncapped protection in the unlikely event the operator of the TallyMoney platform was ever to cease trading. You will be prompted to enter the details of your linked account with this app update.
As part of this transition there has been a change we want you to be aware of. Moving forward, you will only be able to electronically transfer money out of your TallyMoney account to your linked account. This provides an extra layer of security that protects you, other customers and TallyMoney from fraudulent activity. Rest assured you can update your linked account details in the Profile section of your TallyMoney App at any time.
Making payments using your TallyMoney debit MastercardÂź remains the same as always, as does making tally to tally transfers to any other TallyMoney Account holder.
If you have any questions about the changeover, new account details, or linked accounts, please feel free to message us in this thread. For anything involving personal details, please contact us securely via the in-app chat or email us at support@tallymoney.com.
This thread will remain open until 27th May 2024.
Best,
Team Tally