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Linking Your Bank Account

Connect your bank account to receive direct deposit reimbursements via Stripe ACH transfer.

  • Fast reimbursements - Direct deposit to your account
  • No checks - Skip the wait for paper checks
  • Secure - Bank details stored securely with Stripe
  • Notifications - Get notified when payments arrive

Adding a Bank Account

  1. Go to Profile in the sidebar
  2. Click Bank Accounts
  3. Click Add Bank Account
  4. Enter your account details
  5. Click Save

Add Bank Account Desktop

Add Bank Account Mobile

Required Information

Field Description Where to Find
Account Holder Name Your name as it appears on the account Bank statement
Account Type Checking or Savings Your bank
Routing Number 9-digit bank routing number Bottom of check or bank app
Account Number Your account number Bank statement or app

Finding Your Routing Number

The routing number is the 9-digit number on the bottom left of a check. You can also find it in your bank's mobile app or online banking.

Account Verification

After adding your account, it must be verified:

  1. Stripe sends two micro-deposits (small amounts like $0.12 and $0.34)
  2. Wait 1-2 business days for deposits to appear
  3. Enter the amounts to verify you own the account
  4. Account is activated for receiving payments

Verifying Your Account

  1. Check your bank statement or app for two small deposits
  2. Note the exact amounts (to the cent)
  3. Go to Profile > Bank Accounts
  4. Click Verify on the pending account
  5. Enter both deposit amounts
  6. Click Verify

Exact Amounts Required

Enter the amounts exactly as they appear. If you get it wrong 3 times, verification resets.

Verification Status

Status Meaning Action Needed
Pending Waiting for micro-deposits Check bank in 1-2 days
Ready to Verify Deposits received Enter amounts to verify
Verified Ready for payments No action needed
Failed Verification failed Re-add account

Setting a Default Account

If you have multiple accounts:

  1. Go to Profile > Bank Accounts
  2. Click the account to make default
  3. Click Set as Default
  4. Reimbursements go to this account

A star shows next to your default account.

Security

Your bank information is protected:

  • Encrypted - Data encrypted at rest and in transit
  • PCI Compliant - Stripe handles all sensitive data
  • Hidden - Only last 4 digits shown in Expensed
  • Isolated - Only you can see your accounts

Stripe Handles Everything

Expensed never stores your full account number. All bank data is securely managed by Stripe.

Managing Bank Accounts

Edit Account

Currently, you cannot edit bank account details. To change:

  1. Delete the old account
  2. Add the new account
  3. Complete verification again

Delete Account

  1. Go to Profile > Bank Accounts
  2. Click the account
  3. Click Delete
  4. Confirm deletion

Pending Payments

Make sure no reimbursements are in progress before deleting an account.

Troubleshooting

No Micro-Deposits Received

If deposits don't appear after 3 business days:

  1. Double-check the routing and account numbers
  2. Try a different account
  3. Contact your bank to ensure ACH deposits are allowed
  4. Contact support@expensed.app

Verification Keeps Failing

If you can't verify:

  1. Ensure you're entering the correct amounts
  2. Check that deposits are from "Stripe" or "EXPENSED"
  3. After 3 failures, delete and re-add the account
  4. Contact support for help

Next: Receiving Payments →