Adding and verifying bank account information

To add or replace a bank account, first you need to input your bank account information, and then you need to verify the account.

Step 1: Add or replace bank account information

When you add a new bank account to Shopify and click Start verification, you authorize Shopify and its agents to deposit and withdraw small amounts from your bank account using the Automated Clearing House network (ACH) for verification purposes and bill payments.

Within 1 to 3 business days, Shopify will deposit two small amounts (less than $1.00 USD) into your bank account. After these deposits are reflected in your account, you can proceed with verifying your bank account.

Steps:

  1. From your Shopify admin, go to Settings > Billing.

  2. Click Billing profile.

  3. Add or replace a bank account:

    • To add a new bank account, click Add payment method.
    • To replace a bank account, click the … button next to the bank account, and then click Replace.
  4. If necessary, from Payment method type, select Bank account.

  5. Enter the account and routing numbers for the bank account that you want to verify.

  6. Enter the store owner's name, and designate the account type as Private or Business.

  7. Click Start verification.

Step 2: Verify your bank account

After you receive the deposits, you need to verify your bank account.

Steps:

  1. In the Payment methods section, click Complete verification.
  2. Enter the two amounts that were deposited into your bank account.
  3. If you want to make the verified account your primary payment method, then select Make this bank account my primary payment method.
  4. Click Complete verification.

Successful verification

Upon successful verification, your bank account will be listed in the Payments section of your Shopify admin.

Unsuccessful verification

If the verification fails, then a message displays above the failed bank account indicating the unsuccessful verification. You can choose to replace or remove the failed bank account. You should contact your bank for further assistance before attempting verification again.

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