Cash Promotions

DriveWealth offers our partners to run Cash Promotional Campaigns, enabling them to deposit funds directly into customer accounts through a Cash Promotion Account. This account is created by DriveWealth but is fully funded, owned, and managed by the partner.

To deposit funds into a customer’s account as part of a promotion, you can use the API endpoint outlined below.

If you're interested in setting up a Cash Promotional Campaign, please contact your DriveWealth representative to get started.

POST /back-office/funding/deposits

{
  "accountNo": "DWBG000052",
  "amount": 5.00,
  "currency": "USD",
  "type": "CASH_PROMOTION" 
}

If initiated during DriveWealth’s money movement window (4:00 AM ET to 1:30 PM ET), the transaction will immediately increase both CashAvailableForTrade and CashAvailableForWithdrawal on the account. If submitted outside this window, only CashAvailableForTrade is updated immediately, while CashAvailableForWithdrawal will be incremented during the next open window.

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Note: Cash promotions are not supported for accounts in a "Cashless" setup, as these accounts do not hold cash from DriveWealth’s perspective. However, partners may still offer promotions independently by crediting promotional funds directly to customer wallets on their platform.