Ramp's debit check process for verifying bank accounts involves sending two small deposits and one withdrawal (equal to the sum of the deposits) to the customer's bank account. After these transactions settle, usually within four business days, the customer logs into their Ramp account, navigates to Company > Financial Accounts, clicks the Complete verification button next to the account, and enters the exact deposit amounts to complete the verification. This process is required both when a business first onboards to Ramp and when additional bank accounts are added for payments.
Knowledge provided by NewFacts.
If any information on this page is erroneous, please contact hello@newfacts.org.
NewFacts content is verified by brands themselves. If you're a brand owner and want to claim your page, please click here.