Funding Source Verification & Bank Account Linking

Linking or removing a bank account is subject to source-of-funds, account-validation, data-handling, and record requirements. The detailed client procedure is in Linking a Bank Account. The consolidated wallet, deposit, and withdrawal sequence is in Wallet and transfers.

Applicability and verification methods

Linking a bank account is a source-of-funds control under the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) requirements. The applicable provider and compliance service determine whether the Investor controls the account and whether the account can fund the Electronic Wallet.

The approved verification methods are:

• Instant verification: The Investor authenticates with the bank through a secure provider such as Plaid or MX. The provider returns an account-validation result and an account reference.
• Manual verification: The Investor enters the account details, receives the provider's micro-deposits, and confirms the amounts through the provider flow.

The linked result must identify the verified funding source and its owner before the funding service can use it. A rejected, expired, or ambiguous provider result remains a recoverable linking outcome rather than a verified source.

Data security and tokenization

The banking provider owns raw credential handling. The platform stores the provider's secure processor token or equivalent reference instead of raw account and routing numbers in its primary database. The owning provider and service define the token exchange and account details available to the application.

Change decisions and records

Every funding-source addition, removal, or other change immediately alerts the Investor. The alert is mandatory.

Adding or removing a funding source changes the Investor's financial profile. The archive must identify:

• The profile, funding source, provider reference, and verification method.
• The verification result, linking timestamp, IP address, and relevant account display details.
• The removal or change reason and the resulting source status.
• The notification and audit evidence required for review.

Record-retention references include SEC Rule 17a-4 and FINRA Rule 4511. The responsible compliance owner determines the applicable retention period and notification controls.

See Funds Transfer for source and destination restrictions. Use Wallet and transfers for normal, failure, and recovery handoffs.