Help Articles

How-To: Automatic Recurring Transfers and Irrevocable Transfers

Automatic Recurring Transfers (ARTs) are now available. Here’s how to use them! (Formerly known as Forward Transfers and Standing Orders)

Let’s face it: doing stuff is horrible. Especially doing stuff manually every month. Well do we have the solution for you! Introducing Automatic Recurring Transfers. Do you have a transfer that you have to manually enter every month? Not anymore!

After logging in, click on ‘Transactions’ on the left. You will now see there are three options on this page: Pending, History, and Recurring. Click on Recurring. This is where you will see your recurring transfers.

This article is broken up into steps in order to combine all possible transfers into one document.

Step 1: Begin a Recurring Transfer

Step 2a: Internal Transfers to One Account

Step 2b: Internal Transfers to Multiple Accounts

Step 2c: External Transfers to other M-RETS Organizations

Step 2d: Exports

Irrevocable Transfers

Automatic Recurring Transfers can be set as Irrevocable during the confirmation of the transfer. Simply check the box labeled “Set Irrevocable”, and your transfer will be set this way.

PLEASE NOTE: ONLY THE M-RETS SYSTEM ADMINISTRATOR WILL BE ALLOWED TO EDIT IRREVOCABLE TRANSFERS

There you have it! With all that extra free time, might I suggest checking out some of our other walkthroughs like Withdrawing/Accepting/Rejecting Transfers or View the Status of Current and Past Invoices?