Once your business bank account connection is approved in Expensify, you’ll receive a series of test deposits to confirm the connection. This step is required before you can start using the account for reimbursements or payments.

How to Validate Your Bank Account

1. Go to Workspaces > [Workspace Name] > Bank Account.
2. Review the account status:
   • Verifying – Expensify requested more info. Check your email for the next steps.
   • Pending – Your account is ready for validation. Continue with the steps below.
3. Within 1–2 business days, Expensify will send three test transactions to your business bank account.
4. Return to Workspaces > [Workspace Name] > Bank Account.
5. Enter the exact transaction amounts when prompted.

Once submitted correctly, your account will be fully validated and ready to use.

FAQ

How Many Test Deposits Will I Receive?

You’ll see three transactions:

• Two small withdrawals
• One small deposit

These are temporary and used to confirm your ownership of the account.

What If I Don’t See the Test Transactions?

If the test deposits don’t appear after two business days:

• Your bank account may not support ACH direct debits yet.

• Provide your bank with the following information to enable ACH access:

  • ACH Company IDs:
    1270239450, 4270239450, 2270239450
  • ACH Originator Name:
    Expensify

Still not seeing them? Contact Expensify Support via Concierge, and we’ll help investigate.