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How to Update Your Bank Account for Stripe

update bank details, edit bank details, change bank details, Stripe, payment account, payment processing, deposits, Stripe Connect

Written by Riz

Need to update your bank details? No problem!

Keeping your bank account information up to date ensures you receive payments without delays.

Follow the steps below to update your Stripe deposit account in RentRedi. šŸ‘‡


Access your Payment Accounts dashboard

  1. From your RentRedi dashboard, click the Expand Sidebar Ā» button.

  2. Click Payments, then select Payment Accounts.

  3. On the Payment Accounts page, click the account you want to update.

Updating your Bank Details

  1. Click Update Deposit Account.

  2. Click Connect Bank Account.

  3. Search for your bank, select it, and log in using your bank credentials.

  4. Once your account is successfully linked, click Done.

  5. Click Submit.

Done! āœ…

Important Note:

In most cases, your payment account is verified automatically. If additional information is needed, you’ll receive an email from RentRedi’s Underwriting team at [email protected] with the next steps to complete your account setup.

Prefer Not to Use Your Bank Login?

No problem! You can connect your bank account using your account and routing numbers instead.

Please note that this option requires manual verification, which typically takes 1–2 business days to complete.

  1. While in the bank setup, click Manually verify instead.

  2. Enter your account and routing numbers.

  3. Check your bank statement for the micro-deposit amounts.

    1. Please wait 1-2 business days for the micro-deposits to arrive in your bank account & an email from Stripe to verify your account.

    2. A confirmation email will be sent right away - this will let you know that you entered your account & routing numbers in correctly!

      • Subject Line: Confirmation of direct debit authorization for RentRedi

  4. Verifying your bank account

    1. Check your email 1-2 business days later to confirm and select Verify deposit

      1. Subject Line: Verify your bank account for RentRedi

      2. Example of the micro-deposit in your bank statement.

      3. Once you verify the micro-deposit and get the confirmation page below:

      4. Click Submit to continue saving your account.

        image.png (1177Ɨ672)

Important Note:

It typically takes 1–2 business days to receive your verification code via email or as a $0.01 micro-deposit in your bank account.

Once you receive the code—either by email or in the deposit description—please complete the verification promptly within RentRedi.

The verification is valid for up to 10 days from the date the setup is initiated. If it’s not completed within that timeframe, the setup will expire, and you’ll need to start the process again.


Need help? šŸ’¬

Contact us! RentRedi Chat Support is available 24/7! Access our Live Chat via the chat bubble in the bottom right corner of the RentRedi dashboard.

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