During onboarding, you’ll be asked to add a bank account to make fast, secure payments to Level. In accordance with your customer agreement, you’ll authorize Level to electronically debit your account and, if necessary, electronically credit your account to correct erroneous debits.
When you add a bank account, Level sends two small deposits to your bank account. They’ll be under $1.00 and labeled AMTS in your online statement. When the deposits appear, you’ll need to return to the Employer Dashboard to verify your account.
You can add multiple bank accounts and bill by division. In the Account section, select Bank account, then Add bank account. Once you’ve verified the new bank account, you’ll need to select a default account to be charged if an employee is missing a billing division or has an unmapped billing division. In the three-dot menu of your chosen account, select Set as default account. If you’d like to set a billing division code for each of your accounts, contact your account manager.
If you’d like to change your bank account, visit the Account section and select Bank account, then Add bank account. Once you’ve verified the new bank account, select Remove account in the three-dot menu of the old account.