Ready to be an Ovaler?
Follow 4 simple steps to get you up and running with your Oval Money app:
1. Update or Download the App
2. Register your details
and link your bank account to Oval. Now it's time to start saving money!
The app will guide you through a simple and 100% secure process. Remember: ALL YOUR DATA IS PROTECTED AND ENCRYPTED WITH THE HIGHEST STANDARDS.
WHAT YOU WILL NEED
- Your bank name - Can't find your bank? Please, complete this form and share it with your friends: the most selected banks will be implemented first in the Oval app (here you can find the survey in italian). We are adding new banks all the time and will make sure to make it a priority!
- Your online banking login details that might include a username and password and some other personal key. WE NEVER STORE THIS INFORMATION AND WILL ASK ONE TIME TO LINK YOUR ACCOUNTS TO OVAL AND TRACK EXPENSES AUTOMATICALLY
3. Set up the direct debit mandate
This way Oval will transfer the amount you have saved every week from your bank account to your secure digital saving account (through our partner Mangopay) weekly. The mandate can be paused at any time and the money can be always withdrawn from the digital saving account back to your bank account at any time.
WHAT YOU WILL NEED
- Your IBAN number for your main bank account OR
- Your Account Number and Sort Code for your main bank account
- The Address associated to that account
4. Go through our initial setup and choose your settings
including if you would like a conservative or medium saving approach.
Then select your first few “STEPS” that help you save by putting some money aside on your digital saving account and are triggered by your habits. You can always add more STEPS to save more ;)
For more information, write to us through our "Help and Support" section in your "Profile".
For any further information about Oval Money please visit our Faq section