How to update my bank account

Overview

For security and verification purposes, bank account updates on PayCargo must be completed with assistance from the Support Team. This process helps ensure that all changes are authorized, accurate, and properly linked to your business before any payment activity continues.

How it Works:

To request a bank account update, contact PayCargo Support. The team will guide you through the verification process and request the following documentation:

• Authorization letter: A signed letter from an authorized company representative (such as a CEO, President, CFO, or named principal) requesting the bank account change.
• Completed bank form: Both pages of the required bank form must be fully completed.
• Bank verification document: A voided check or an official bank letter confirming the account details.

US Bank Form

289KB

PayCargo Bank Update Form (1).pdf

PDF

Open

Canada Bank Form

Once the documents are received, PayCargo will review the information to confirm it is valid and properly associated with your business before applying the update.

Key Benefits

Enhanced security: Protects your account by verifying authorized changes only.

Accurate payment routing: Ensures funds are deposited to the correct bank account.

Reduced risk of delays: Proper validation helps prevent processing issues or rejected payments.

Related Questions

Why can't I update my banking information on my own?

To ensure your security and the security of your baking, the PayCargo team assists with these changes and helps double-check all details.

Can multiple bank accounts be added to a single PayCargo account?

Each PayCargo account may be linked to one ACH bank account. Payers may also choose to pay by credit card or apply for a PayCargo Credit Line for additional financing options.