You can set up auto top-up to your Pleo account and sleep tight knowing it will never run dry.
All it requires is to:
submit the NETS Agreement (you may have done this already)
set proper thresholds reflecting your monthly spend to ensure you always have enough funds in your wallet
Here is how it works:
Define the balance threshold, which will trigger the auto top-up. We suggest that this should correspond to around 40% of your monthly spend.*
Define the amount you wish to transfer. We suggest that this amount should correspond to around 3 weeks spend.
Example: If your monthly spend is approx. 100.000 DKK, we recommend you set the balance threshold to 40.000 DKK and the top up amount to 75.000 DKK.
*If you are in a period of rapid growth or expenditure, we recommend setting a higher threshold, e.g. corresponding to around 50-60% of your monthly spend.
We run a balance check once a day in the morning.
Auto top-ups take a business day to show in your account.
You will receive an email from Pleo each time an auto top-up has been triggered.
Minimum threshold and top-up amount is 5,000 DKK.