This article applies to Perk Cards only.
Card admins can perform this task.
Your Perk Cards are linked to an account, from which you can manage the account funding.
- Current balance: The current balance is the amount currently in your account.
- Reservations: Reservations show the amount currently blocked by merchants, or not yet cleared for transactions.
-
Currently available: The currently available amount is the current balance without the reservations, and shows you the amount that can be spent right now.
To transfer funds into your account, go to Cards > Team cards and click Add money. There you'll find the IBAN number, BIC/SWIFT code, and details of the financial institution and the account holder. You use this information to set up a transfer. Once paid in, the funds appear in Perk as the current balance.
Note: Once a transfer has been made to the card account, it's no longer possible to directly withdraw the funds. Funds transferred to a Perk Card account typically take 24–48 hours to appear after the bank transfer is completed.
Caution: If you transfer funds to your Perk Card account, it must be in the same currency as that of your account. For example, Modulr offers accounts in EUR and GBP. The funding of the account must match the Modulr account currency.