How do I verify a US bank account?

Jul 21, 2016

*To jump to information about Deposit Verification, click here*

To transfer funds to your Coinbase account, you will first need to add and verify a US bank account. Bank accounts can be added from the Payment Methods page, or from the "Get Started" menu on the upper right of your main account page:

Once you've selected to link a bank account, you'll see the following screen:

Please select the bank from which you'd like to add an account, or select 'Other Bank' at the bottom if your bank is not present on the list.

If one of the listed banks is selected, you will be prompted with a log in screen specific to the bank chosen:

Your online banking username and password will be requested - these are used for a one-time verification step. Additional security questions (as well as a PIN) may be requested depending on your bank's security procedures. Your username, password, and all other information entered in this process are not stored in our database, and once your bank account has been verified the logs of your activity are deleted. Verification is simple, secure and fast!

If you are not comfortable sharing your online banking username and password, then you may still proceed by selecting 'Other Bank' from the main menu and electing for the Deposit Verification process (please note this process generally takes 2-3 business days to complete).

Other Banks

If 'Other bank' is selected, you will be prompted for your bank's routing number, your bank account number, and the name on the bank account, as well as the type of account being linked (Checking, Savings, or Business checking).

Once your account details have been entered, you will have the option to proceed with an instant account verification (online banking login credentials required) or the deposit verification process.

Similar to the process above, instant account verification is simple, secure, and fast - verification will be immediate and no login data is stored.

If your bank doesn't support instant account verification or you are uncomfortable sharing your login information, please proceed with deposit verification.

Deposit Verification

The deposit verification procedure will initiate two small test deposits to your account (as well as a debit for the combined amount).  

Once the deposits have reached your account (generally in 2-3 business days), you can verify the amounts by clicking on the red 'verify' button for your bank account on the Payment Methods page.  Simply enter the two deposit amounts into the verification window:

Congratulations, your bank account is now verified and you can initiate your first buy!

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