To receive your payments faster via ACH (like direct deposit), add a bank account to your Bill.com account.
Note: Existing bank account information cannot be edited. If you enter incorrect or invalid bank account information, you must add the bank again. Set the new bank account as the default with the steps below in order to route payments to the new bank account.
Jump to:
Add a new bank account
- Click Settings
- Click Bank Accounts under Your Company
- Click Set up new bank
- If prompted, complete a short series of questions to verify your identity
- Enter the banking information and click Continue
- Click Get started
Set a default bank account
If you have multiple bank accounts, make a specific bank account the Default to Pay and/or Default to get Paid. You can only set one bank account as the bank to receive payments.
Note: There is no need to set a bank as default if there is only one active bank. Your bank must be verified before you can set it as default.
- Click Settings
- Click Bank Accounts under Your Company
- Click the account number you'd like to set as the Default
- Click the edit icon
- Click Make Primary next to Default to pay / Default to get paid
- Default will update to Yes, setting the bank account as Default to Pay and/or Default to be Paid
- Click Save
Delete (inactivate) bank account
If you add a new bank account, it is best to inactivate the old one to be certain payments will arrive to the correct account. You cannot delete the bank account information completely for auditing purposes, but rest assured, it cannot be used for payments once you have inactivated it.
- Click Settings
- Click Bank Accounts under Your Company
- Click the bank account number
- Click the trash can icon
- Check the box and click Confirm
Things to know
- A penny ($0.01) micro test deposit will be sent to your bank account to confirm that it's available to receive payments
- Once added, your bank account information cannot be edited
- To inactivate a bank account from your Bill.com account, click the trash can icon
- To add a new bank account, click Set Up New Bank and complete the set up process again
- If you add a new bank account, be sure that the right account is set as the default to receive payments
- An email will be sent to all Administrator Users on the Bill.com account when a bank account is added
- Only US-based bank accounts can be added as a bank account in Bill.com
- There is no limit to the number of bank accounts that can be added to Bill.com