This is a step-by-step instruction of how to manually verify your bank account and pay by bank-to-bank transfer (ACH or ACSS).
Manual Verification provides the ability to connect your bank account and pay for an investment if your bank is not listed under "instant verification" or if you do not want to log in to your bank provider.
Step 1. Click “Manually verify Instead”.
Step 2. Enter the account details for the account which you would like to link to be able to complete a payment with
Step 3. After entering the bank account details, you will receive an email which contains a link to verify your bank account.
Step 4a: If you are paying via US-domiciled bank account and you are using the ACH network, you will receive one deposit which comes with a unique descriptor. In this case, the verification consists of entering the deposit amount as well as the descriptor. The descriptor will contain “SM” followed by a 4 letter code - this is the code that’s required. For example, for a descriptor of SMABCD-DealMaker, you would need to enter ABCD on the Stripe verification form.
Step 4.b: In some cases, depending on your bank account (this includes Canada-domiciled bank accounts on the ACSS network) you will receive two small deposits to the bank account you had indicated. To verify the correct bank, you must enter the amounts of the deposits in the verification page.
Step 5. Once you enter the correct amounts, the user gets a success message on the stripe verification portal.
Step 6. Once the bank account is verified, you may return to DealMaker to find your bank account is now linked and you may proceed to pay.
