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@Billcom Customer Tip: Set Up Payments Through an Additional Bank Account

January 6, 2012

To pay different vendors from different bank accounts, or to receive customers' online payments in a separate bank account — set up for payments through an additional bank account.  

In your Bill.com account, you must be authorized to set up for payments through an additional bank account. To see if you're authorized,  mouse over Gear-icon . Then click Settings > Overview. On the Overview page, under Permissions, click Users. For Authorized Funding Methods, you must have Bank.

To set up for payments (part 1 of 2): Enter your bank details
1. In the upper right, mouse over  Gear-icon .  Then click Settings > Overview.
2. On the Overview page, under Your Company, click Bank Accounts.
3. On the Bank Accounts page, click Set up new bank.

We walk you through a short series of questions to confirm your identity.  

To set up for payments (part 2 of 2): Verify in 1-2 business days

1. We'll make a small deposit and a matching withdrawal (less than $1) to your bank account, which should appear in 1-2 business days.
2. Check your bank account for the amount of the matching transactions.
3. Log in to your Bill.com account, and on the To Do List, click Verify bank….
Verify bank screenshot
4. On the Bank Account page, enter the amount of the matching transactions.
5. Click Verify

On the Bank Account details page:

• To pre-select this bank account for all bills you pay: At Payables – Default Account?, click Make Primary (you can change it on-the-fly as you pay bills).

• To receive all online payments from customers in this bank account: At Receivables – Who can pay me?, click Make Primary.

• To give others permission to use this bank account for Bill.com payments, click Add above the list of Authorized Users.

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