In this knowledge article we will go over how to add a new bank account in Payrix.
Please follow the steps below to add a new bank account:
- Login to your Payrix account.
- Scroll down to the bottom and click Settings on the left side.
- Under Business Settings click Account Information.
- Click Banking and then Add New Account.
Once here you can then manually verify the account or use Plaid to have the account verified instantly.
If you have to manually verify the account the process can take 3-5 business days since Payrix will have to review the documents provided.
After the verification is complete you will be up and running and disbursements can be deposited.