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PantherPayments Application - Voided Checks & Alternative Options
PantherPayments Application - Voided Checks & Alternative Options

Why are voided checks needed, and are there any alternatives?

Adam Sibori avatar
Written by Adam Sibori
Updated over a week ago

Voided checks or a bank letter are required in order to verify that you are in fact the owner of the bank account you are trying to connect as an added layer of financial and identity protection to our valued customers. Otherwise, it could be possible for someone impersonating your identity to apply for a payments account using your information but connect their bank account to receive payments.

If you do not have a voided check - a bank letter or bank statement will suffice. This is required for each account, in order to verify ownership. A bank letter contains all of the following - an official bank letterhead, includes the business name, full routing and account numbers, is signed by a bank representative.

OTHER COMMON APPLICATION QUESTIONS:

  • You will need a US bank account and a continental US business address in order to apply for/use PantherPayments.

  • A valid form of ID is required. (U.S. Driver's License, State ID, U.S. Passport, Military ID, etc.)

  • Your business address cannot be a P.O. Box - it must be the physical location of your business.

  • Sole Proprietors should enter their SSN in the Tax ID field.

OUR COMPLIANCE TEAM: Our Compliance team may reach out to you directly regarding your application to request clarification or further details. Our Compliance team consists of - Sean, Maleasa, Christopher, Eric, Rachel and Fung.

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