Account verification confirms that a user owns and has access to a specific bank account. Developers use it most commonly before initiating an ACH transaction so that they know the user is authorized to move money from the bank account in question.
How it works
Account verification involves creating a connection that requests the OWNERS and IDENTIFIERS products:
- Through the OWNERS product you get the user’s name and address.
- Through the IDENTIFIERS product you get the user’s account number and routing number.
Once the connection completes, you have verified the user’s identity and access to the bank account and can perform an ACH transaction.
Every bank linking connection has a Meld customerId associated with it. Use that same customerId when creating a payments customer so that the bank account and payments customer are linked.
