Validate a Business Bank Account
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
- Go to Workspaces > [Workspace Name] > Bank Account.
- 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.
- Within 1–2 business days, Expensify will send three test transactions to your business bank account.
- Return to Workspaces > [Workspace Name] > Bank Account.
- 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
- ACH Company IDs:
Still not seeing them? Contact Expensify Support via Concierge, and we’ll help investigate.