What is this large save/withdrawal amount? (Anti-money laundering transfer)

What happened?

If you have enabled payments to tackle debt with your Digit goals, you are more than likely seeing the anti-money laundering transfer process.

When your goal is first connected to your biller, we are required to return your entire goal balance to the same bank account it was saved from as a means of preventing money laundering.

To keep up your savings momentum, Digit then saves back the same amount it returned.




After this process is completed, Digit is cleared to start sending payments from your goal.