FUNDAMENTALS
How does Money Clouds work?
Money Clouds has made organizing money for the things you want easier than ever - define and organize your money by creating a Money Cloud® for each of the things you want to save for or spend money on, link your checking account to fund your Account, and set up an automatic funding plan for each Money Cloud®.
Are you a bank?
We're not a bank. Money Clouds is a technology service provider designed and operated to help our customers organize financial goals. Banking services are provided by our banking partner(s).
Just like the bank, Money Clouds uses top industry standards for transferring sensitive data. We use Transport Layer Security 1.2 (TLS) with an industry-standard AES-256 encryption cipher and use PCI compliant banking services.
Who can use Money Clouds?
Anyone who is at least 18 years old and has a checking account with a United States banking institution. For now, we're only available to residents of the United States.
Does Money Clouds work with my bank?
Money Clouds uses an “instant bank verification” provider (like Plaid) to verify your bank account. As long as your bank or credit union can facilitate ACH transactions, it should work with Money Clouds. If by chance you're having issues with linking your particular checking or savings account, please send an email to support@moneyclouds.com and we will help as much as we can.