AutoSave Bank debits your account in the following steps:
- When you sign up for Autosave Bank, you sign an agreement with XENO, giving permission to collect payments directly from your account on a set date.
- On the due date, XENO submits a request to your bank to transfer the funds to your investment goal.
- The bank then debits the amount from your account and transfers it to your XENO investment goal.
- You’ll receive a notification before the transaction takes place, and you can cancel or amend the arrangement at any time.