Connecting a bank account to your Wunder account is simple. In fact, you’ve probably gone through the process before with services like PayPal.
When prompted to connect a bank account (typically when you are making an investment), you will be asked for your bank account's routing number, account number, and account type (e.g., Checking, Savings, or Business checking).
Bank Account Verification Process
It's important that we confirm your ownership of the connected bank account before we initiate a transaction to withdraw investment principal or deposit monthly returns. After you have entered your bank account information, we will initiate the bank account verification process:
- Two small test deposits will be transferred into your connected bank account.
- Once the deposits have reached your account (generally in 2-3 business days), we will send you an email, asking you to verify the amounts.
- Click the button in the email to view the verification screen and enter the two deposit amounts (which you will be able to find on your bank account statement). Voila! Your bank account is all set up.
Wunder has partnered with Dwolla, Inc, a third-party payment services provider, to enable seamless financial transactions. Dwolla powers Wunder's banking integrations, including ACH transactions for both the purchase of and payments on investment notes.