Updating your bank account on file with Allied Payments allows us to deposit your funds and collect our fees from a new account. Per Visa/Mastercard regulations, any bank account update will require a few things:
- We’ll need the new account information – bank name, routing number, DDA account number.
- We’ll need proof of the new account. This can come in one of two forms:
- A voided check with the company’s information pre-printed on the check (no starter checks!)
- A bank letter that your bank has signed that contains the account name, routing number, and checking account number for the account.
- We’ll need the account signer to sign a document authorizing this change.
Checking account changes take 2-5 business days to process. To get started, submit a ticket.
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