If you have your bank account in the US and pay with $, this article will help you connect your US bank account to Oyster. Once you approve an invoice, funds will be automatically pulled from your connected bank account. We will only pull funds with your approval.

First to payments in the menu and the payment information tab and select add my first payment method:

You can then select either add manually or add via Plaid:

Connect manually

To connect manually, you need to provide your ACH routing number, account number and account holder name. You can find this information on your bank account page or on your check book.

Once you have entered your details, your account has to be verified. Two micro deposits (under $1) will be deposited into your bank account in 1-2 business days. To verify click on the three dots to the right of the routing number and click on verify. Then enter the amounts on the verify bank account popup.

For example, if $0.05 and $0.13 were deposited into your account then you would enter 5 and 13.

This will complete verification. We will still need to authorize this account. See below.

Connect via Plaid

To connect via Plaid, follow the Plaid instructions, you will be asked to log into your bank account using your username and password. Connect via Plaid will instantly verify your account.

Authorize the account

Once your account has been verified (either instantly if via Plaid or over a couple days if using manual method with micro deposits) you will need to authorize the account. To authorize the account, click on the three dots to the right of the routing number and then click authorize. Then agree to the check box and authorize.

Success!

Your bank account has been successfully connected, when you see the green verified button and the shield badge to the left.

This is only for companies invoiced in USD with an US bank account.

For our SEPA customers paying with € you can check how to set SEPA Direct Debit here, and soon we will support BACS for the UK.



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