If you are looking for details on how to add a bank account to your honeybook, read this article to the end.
You’ll find this article useful as it also entails how to edit an existing bank account on Honeybook and edit an existing bank account on Honeybook.
How To Add Bank Account To Honeybook
Follow the steps below to learn how to add a bank account to your honey book:
- Login to your honey book account
- From any page, navigate to the top right corner of your screen and click your profile photo there.
- From the menu, select the Company Settings option.
- Navigate to the tab labeled Bank Details.
- Choose “Individual” as the type of business entity for your company from the “Bank Details” option.
- Provide the required information about your company:
- When prompted, enter the requested banking information to receive payments.
- Click the Save button.
- Finish the two-step verification process.
- Provide the required information about the owner.
- After that, you will need to provide front and rear photographs for your identification document using either the drag-and-drop or upload method.
- Click the “save” button.
After you give information about your business, bank account, and business owner, the process of verifying your information will start.
If anything else needs to be done, you will get an email about it.
After you’ve been verified, you can start getting payments from customers in your linked bank account as soon as everything is set up correctly.
How To Edit Existing Bank Account On Honeybook
You can edit your existing bank account on the honey book by following the below steps:
- Login to your honeybook account
- From any page, navigate to the top right corner of your screen and click your profile photo there.
- From the menu, select the Company Settings option.
- Navigate to the tab labeled Bank Details.
- Click the view and edit button next to the bank account or business owner information to which you need to make changes.
- If you want to get rid of an entry completely, you can do so by clicking the trash can icon.
- Make necessary changes to the information, re-enter it, and then click the save button.
- You may need to finish the 2-Step Verification process.
- Deleting a business owner’s bank account is the first step in removing that owner as a business owner.
- Delete the business owner first and then the bank account by clicking the icon that looks like a trash can with an X.
- After that, you have the option to re-enter any information that is required.
How To Get Paid Through HoneyBook
HoneyBook makes it simple and hassle-free to fulfill the crucial obligation of collecting customer payments, so you won’t have to involve any outside parties.
When a customer makes a payment to you through HoneyBook, the payment is deposited directly into the bank account specified in the Bank Details section of the HoneyBook dashboard.
The method that the customer selects to make the payment will determine how long it will take for the money to be deposited into your bank account after it has been transferred.
- Payments made using credit cards often take between two and three business days.
- ACH bank transfers typically take seven to ten business days (because the funds must first clear your client’s bank account).
