Bank accounts
Trigger micro-deposit verification for any bank account immediately after you’ve captured that bank account’s details. Alternatively, you can use instant account verification (IAV) with Plaid Link or MX if you have an existing relationship with Plaid or MX.
You’re still able to send funds to a bank account that hasn’t been verified, but in order to collect funds from that account, its ownership must be verified.
Payment methods
Moov will automatically create payment methods for every rail a bank account is eligible to be used with.
Payment method | Description | Required capability | Verification required |
---|---|---|---|
ach-debit-fund |
Can be the source of a transfer | send-funds |
✓ |
ach-debit-collect |
Can be the source of a transfer | collect-funds |
✓ |
Use the guides below to learn more about bank account verification options.
Micro-deposits
Verify accounts with micro-deposits.
Bank account status
Check the status of an account that’s been verified through micro-deposits.
MX
Moov’s partnership with MX allows mutual customers to verify bank accounts through instant account verification (IAV).
Plaid Link
Moov’s partnership with Plaid allows mutual customers to verify bank accounts through instant account verification (IAV).