Submitting Account Aggregation Data to Skip Microdeposits

Synapse offers account aggregation tools to login with online banking logins, view transaction history, etc (Check out our account aggregation tools). We also have UI tools for easy plug-and-play.

However, if you prefer to use an account aggregator outside of Synapse, you can still pass us that data to skip micro-deposits.

Before beginning this process, please verify that online logins are supported on your Spec Sheet.

Step 1: Verify account with an Account Aggregator

Use an account aggregator to connect to a user's bank account with their online banking credentials.

Step 2: Pull customer data from the account aggregator

This includes account owner, address and other account information.

Step 3: Pull Transaction Data from the account aggregator

Step 4: Format the data from the account aggregator like the example below.

For reference, see 'Account Aggregator Example Format' attached below.

Date is in unix time. Designate negative values with "Debit" True or False (boolean).

Step 5: Send all data to us when you add the bank account with Account/Routing Numbers.

Add an ACH-US Node with Account/Routing. Include the account aggregator's data within the payload. See attached payload as an example. Micro-deposits will not send if this data is supplied.

 

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