Receiving Cash in the Bakkt App
This article will provide instructions detailing how to receive cash from your family, friends, and other Bakkt App contacts.
This article will explain how cash is received in the Bakkt App.
Please note that you can receive cash from anyone in your contact list who is a Bakkt App user.
If you are a Bakkt App user, you will receive the funds that were sent to you immediately.
If you do not have a Bakkt App account, you will receive an email or text inviting you to set up an account before you can claim the sent funds. If you have not responded to the email or text prompt within 7 days, the transaction will be canceled.
When receiving cash in the Bakkt App, the following notification will appear on your screen when you open your Baktt App:
This notification confirms that you received cash, lists the Bakkt ID of the sender and the amount sent.
After clicking on the highlighted View Transfer prompt, you will see an overview with the following information:
- The amount received by the sender
- the Bakkt ID and the full name of the sender
- Activity - lists a summary of the action
- Date - the date the transfer was sent
- Time - time the transfer was sent
- Fee - fees associated with the transferred amount
- A transaction ID
The amount of cash received will reflect on the Home screen under Cash and it will be accounted for in your Portfolio Overview and Portfolio Activity.