FAQ

|

Business

How do I add a bank account for my business?

You can easily add one or more bank accounts to make cash deposits and withdrawals. To add a bank account, visit your Strike Dashboard and follow these steps:

  1. Click the Accounts button on the left sidebar
  2. Select “Add bank account”
  3. Choose either “Automatic linking” (ACH only) to connect via Plaid’s secure linking service or “Manual entry” (ACH or wire) to enter your bank details manually for withdrawals or 3rd party payouts.
  4. Proceed through the necessary steps to add your banking details

Automatic linking

When linking via Plaid, you’ll need to sign in to your bank account and may be sent a $0.01 payment containing a verification code in the transaction’s description (#XXX). Once you retrieve that code from your bank transaction history, return to your Strike Dashboard, click Accounts, then your pending bank account to input the code and complete the process. Verification transactions typically appear within seconds to minutes, but may take longer depending on your bank.

Manual entry

When manually entering banking details, you will need to provide the account holder’s name, account number, routing number, and whether the method will be ACH or wire transfer. The account holder can be yourself, your business or a 3rd party for making cash payouts.

Once you have an added account you will be able to make cash deposits or withdrawals. Please note, you may need to add Strike to a pre-authorization list with your bank before making ACH deposits, otherwise your deposits may be declined or reversed. Learn more about the different payment methods here.