Auto transfer rules help you keep your Rho Checking account funded while putting excess cash to work in your Rho Treasury account. This article explains how auto transfer rules work, how to set them up, and what to expect in less common scenarios.
What are auto transfer rules?
Auto transfer rules automatically move funds from your Rho Treasury account to your Rho Checking account when your available balance drops below a minimum you set.
They help you:
Keep enough funds in your Checking account for day-to-day operations
Keep excess cash working in Treasury
Reduce manual money movement
Maintain a consistent operating buffer
You can set a minimum balance for your Checking account and configure a top up amount to add an additional cushion.
How to set up an auto transfer rule
Navigate to the Banking or Treasury tab in the Rho platform.
Click the Setup button at the top of the page.
If a rule already exists, click the Manage 1 Rule button instead.
Create, edit, or delete your keep minimum balance auto transfer rule.
Click Create.
If you are updating an existing rule, click the Save & Update button instead.
Changes take effect immediately after you save them. Balances are monitored every business day at 8 a.m. ET.
How auto transfer rules work
Every business day at 8 a.m. ET, Rho checks the available balance in your Checking account.
If your available balance is below your minimum balance, a Treasury withdrawal is initiated.
If your available balance is at or above your minimum balance, no transfer occurs.
Auto transfer rules run once per business day. If your balance drops below your minimum after the daily check runs, the transfer initiates on the next business day.
If a Treasury withdrawal is already pending and has not settled, the rule is skipped for that day. The system checks again at 8 a.m. ET on the next business day. This prevents duplicate transfers and keeps your cash working.
How Rho calculates your balance
Auto transfer rules use your available balance.
Your available balance is the amount of money you can use today. It excludes pending transactions.
How the minimum balance and top up amount work
If your available balance is below your minimum at 8 a.m. ET, Rho calculates the transfer amount using this formula:
[(minimum balance – Checking available balance) + top up amount] or
$25,000 (whichever is greater)
The transfer amount will:
Restore your Checking account to its minimum balance
Add your selected top up buffer
Meet the $25,000 minimum transfer requirement
This design reduces the frequency of sweeps and helps maintain a healthy operating balance while keeping your cash working.
Example
Let’s say:
Your minimum Checking account balance is $250,000
Your top-up amount is $25,000
Your available balance drops to $200,000
At 8 a.m. ET, the auto transfer rule checks your available balance and transfers $75,000 to your Checking account.
($250,000 –$200,000) + $25,000 = $75,000
Requirements
Minimum transfer amount: $25,000
Minimum Checking balance requirement: $250,000
If you need to customize these values, contact Rho Client Service or your account manager.
What to know in less common scenarios
The rule did not trigger
Auto transfer rules run once per business day at 8 a.m. ET. If your balance dropped after the check ran, the transfer initiates on the next business day. Rules are skipped on market holidays and will trigger the following business day.
You have a manual Treasury withdrawal in progress
If a withdrawal from your Treasury account to your Checking account is already pending, the auto transfer rule pauses until it settles.
Your Treasury account does not have enough funds
If the required sweep amount exceeds the available funds in your Treasury account, the transfer does not execute.
Your funds are tied up in a pending purchase
If your Treasury funds are being used to purchase an asset, those funds are not available until the purchase settles. The transfer does not execute until settlement is complete.
The transfer amount is larger than expected
The transfer not only covers the shortfall but also includes your configured top-up amount, with a minimum of $25,000. This is intentional and helps reduce the frequency of transfers.
If you have questions about setting up or adjusting auto transfer rules, contact Rho Client Service at clientservice@rho.co or by calling 855-743-8746.