Balance Management
Balance Management triggers a transfer when an account balance crosses a threshold you define.
How to set up Balance Management
Log in to your Loop Dashboard
Navigate to Automations in the sidebar
Select Balance Management
Choose your source account and destination account
Set your balance threshold and choose the action:
Maintain a target balance
Sweep excess funds
Transfer a fixed amount when the threshold is reached
Review and click Create
Scheduled Transfers
Scheduled Transfers move money between accounts on a one-time or recurring schedule you define.
How to set up a Scheduled Transfer
Log in to your Loop Dashboard
Navigate to Automations in the sidebar
Select Scheduled Transfers
Choose your source account and destination account
Set the amount and select a schedule: one-time, every business day, weekly, or monthly
Review and click Create
How it works
Once activated, Loop evaluates your automation rules against the applicable trigger (balance threshold or schedule)
When a condition is met on an eligible business day, Loop initiates the corresponding transfer
If a transfer falls on a weekend or bank holiday, it will process when payment rails and markets reopen.
If a scheduled trigger falls on a non-processing day, it will execute on the next eligible business day
Standard transfer processing timelines apply after the automation triggers
Important Notes
Transfers between Loop accounts are supported
Transfers to and from linked external accounts are supported where the linked account is eligible and in the same currency as the Loop account used in the automation — cross-currency transfers to linked accounts are not supported
Available balance must be sufficient at the time the automation triggers for the transfer to execute
If a transfer falls on a weekend or bank holiday, it will process when payment rails and markets reopen.