How do I update my bank account for deposits?
To update your current bank account on-file with Fattmerchant, please send a copy of the new business voided check to your account manager and notify them of the bank change. Additionally, please sign and fill out the below form which gives the processor permission to change the banking information. All bank change forms must be signed by the authorized signor of the original application!
Merchant ID begins with 52000 Permission Form
Merchant ID begins with 5347 Permission Form
Not Sure? Contact your account manager.
Please email all documentation over to CustomerSupportTeam@fattmerchant.com or your respective account manager.
How long does the banking information take to update?
Upon a Fattmerchant representative receiving all of the above information needed to make the switch, the typical changeover takes between 3-5 business days. Your account manager will notify you once the information has been updated.
Is there a cost to switch my bank account information?
The backend processor charges a $25 fee per bank change. This is a pass-through fee that Fattmerchant simply passes to the merchant at cost.