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How does 'Micro deposit' verification work?

Posted by Startwise on Aug 11, 2017 12:59:58 PM


If you have used your routing and bank account number to connect with your bank account, we want to make sure that we have the correct bank account information for you and we will verify the information via a “micro deposit process.”

1. After you submitting your bank account information

2. Startwise will transfer two small deposits of less than $0.10 to your bank account.

3. Within 2-3 business days, two random amounts will post to your bank account.

4. Once you see these deposits in your account, please login your Startwise dashboard.

5. Under the settings tab, next to your bank account information, click verify.

Microdeposit verification in settings

6. You will then be prompted to input the two amounts.

Micro deposit amount

 account verified

7. Once verified you can immediately start investing.


Please note that for security reasons after 3 unsuccessful attempts the information will be automatically locked. Contact for any issues.


Topics: Using Startwise