How Do I Add or Edit Bank Account Information?

Adding a new bank account or updating your existing bank information can be done by logging into your Vestwell employer portal, and selecting the 'Company Tab' then the 'Bank Accounts' tab. 

Add A New Bank Account

From the 'Bank Accounts' screen, select the "Add Bank Account" button to add a new bank account. From here a pop-up box will display, and you will have the option to link bank accounts by 'Direct Bank Connection' using Plaid, or you can select 'Enter Bank Information.'

7emcgu.gif

  • Direct Bank Connection: This option allows you to use Plaid to select your bank and log in with your username and password in order to authenticate the connection.

There are a few banks that you can choose from or you can use the 'Search' menu to find your bank if it's not listed.

  • Enter Bank Information: This option allows you to enter your bank information manually by filling in the following fields:
    • Bank Name - Type the full name of your bank
    • Routing Number - The first set of numbers on the lower-left corner of a check is the routing number. Keep in mind the routing numbers are 9-digit codes and the character symbol surrounding the numbers is not part of the routing number on a check.  Contact your bank for further assistance. 
    • Account Number - Your company's unique account number with the bank.
    • Re-Enter Account Number - Re-enter your Account Number a second time to be sure the number matches. Please don't copy and paste this value from the Account Number field to avoid typos.mceclip2.png

Select the ' Add Account ' button once all fields have been filled in.

mceclip4.png

Update Current Bank Account Information

Your current bank accounts will display once you are in the 'Bank Account' window. Select the "Edit" option from the account you wish to update, you can modify the following: 

  • Bank Name.
  • Routing Number.
  • Account number.

7emdc5.gif

Select "Confirm" once you have populated the updated information.

Deleting Bank Accounts

To delete an account please email Client Services. Deleting a bank account may affect at least one of your paygroups. 

If you have any questions, please reach out to us at clientsuccess@vestwell.com.