How do you provide verification for a checking account?


Quick Answer

To provide verification for a checking account, submit the routing number, account number and amount of money needed for the transaction. Submitting this information also returns the bank name, address, city, state, zip code and phone number on the account, according to ACHWorks.

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How do you provide verification for a checking account?
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Full Answer

Businesses often use bank account verification to ensure funds are available in an account before accepting checks, according to DataX. If a business requests checking account verification, first verify that the business is legitimate, and obtain as much information on the business as possible to avoid check fraud. Do not provide a social security number on the account, as most businesses verify accounts based only on the routing and account numbers. If a business or individual asks for a social security number, request an alternative form of verification, or reconsider conducting business with that company or individual, states Beneficial Bank.

Once the business is verified, get the routing number and account number on the checking account from the bank that houses the account. From here, a business or individual has access to information on whether the checking account has sufficient funds to cover the agreed-upon transaction amount, according to Lyons Commercial Data.

To avoid overdrawing account funds or having a check bounce, frequently check the account balance, and make sure that business with the verification information are not taking additional funds out of the account, states Beneficial Bank.

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