Bank Account Verification
In order for Abacus to process reimbursements, you will need to add your company or organization's bank account information. Abacus cannot process reimbursements until the organization's bank account is verified.
Verify Your Company's Bank Account
Once you have input your bank account details, Abacus will send you trial deposits to verify the account. Once your company or organization has received two verification deposits, you will need to input the deposit amounts in Abacus to verify the account:
1. Click the gear in the top right corner to open the Company Settings page.
2. In the sidebar, select Company Bank Account.
3. Input the deposit amounts and click Verify.
Check the Status of Your Connected Bank Account
To check the status of your connected bank account:
1. Click the gear in the top right corner to open the Company Settings page.
2. In the sidebar, select Company Bank Account.
Learn more about connecting your company bank account.