Upload Bank Verification Documentation as a Payee

Objective

To add documentation to verify your bank information as a payee using Procore Pay. 

Background

With Procore Pay, a payee must add a bank account to receive payments. Some accounts require you to upload a bank letter or a bank statement in order for Procore to verify your bank account. 

Things to Consider

• Required User Permissions
  Note: Permissions differ based on whether your company has a free or paid Procore account. See How can I tell if I have a free or paid Procore account?
• Document requirements:
  • A Bank Letter, issued by your company's bank, and on their letterhead. The document must be signed by a banking representative and dated within the past three months. The letter must include your company's account name, full account number, and the ACH routing number.
    OR
  • A Bank Statement, issued within the last three months. The statement must clearly include the bank's name, your company's full account number, and account name.

Prerequisites

• Add a Bank Account as a Payee

Steps

1. Navigate to your company's homepage. See How do I change companies?
2. Navigate to the Payments tool.
3. Click the Configure Settings  icon.
4. Click External Bank Accounts.
5. Click Upload next to the account with the 'Pending Verification' status.
6. Click or drag and drop your document from your computer into the box.
7. Click Send Document.
8. Click Close.

Next Step

• The payor must approve your bank account. See Approve a Beneficiary Bank Account as a Payor.

See Also

• Edit a Bank Account as a Payee
• Deactivate a Bank Account as a Payee