Voided checks or a bank letter are required to verify your identity and that you are the owner of the bank account you are trying to connect. This is an added layer of financial security and identity protection to our valued customers. These steps prevent someone else establishing an account in your name to receive payments into their bank account.
If you do not have a voided check - a bank letter or statement will suffice. This is required for each account, in order to verify ownership. A bank letter contains all of the following - an official bank letterhead, includes the business name, full routing and account numbers, is signed by a bank representative.
OTHER COMMON APPLICATION QUESTIONS:
- You will need a US bank account and a continental US business address in order to apply for/use Bill4Time Payments.
- A valid form of ID is required. (U.S. Driver's License, State ID, U.S. Passport, Military ID, etc.)
- Your business address cannot be a P.O. Box - it must be the physical location of your business.
- Sole Proprietors should enter their SSN in the Tax ID field.
OUR COMPLIANCE TEAM: Our Compliance team may reach out to you directly regarding your application to request clarification or further details.