Skip to main content

ACH Payments and Wire Transfers

Eric Madura
Updated

To fund via ACH Debit directly from your business checking account:

The preferred alternative to credit card payments is to use your business checking account.

1) Fill out the Ytel platform ACH form. Include all requested information, including your accountSID (this can be found on your dashboard), legal business name, and your routing/account numbers.

2) Once this form is completed the Ytel Accounting team will perform a standard verification.

3) Once verified and the payment feature has been activated, our Accounting department will contact you through a support ticket with confirmation of account feature approval and instructions for enabling the payment method. Please add support@ytel.com and billing@ytel.com to your approved senders list and/or spam filters.

4) Once the feature is enabled you will be able to initiate ACH debits directly from your Ytel account using the Payments section. We recommend enabling auto-recharge.

Please note: while payments will instantly appear in your Payment History, it may take 5-7 business days for the funds to be withdrawn from your business checking account. Any payments returned by your financial institution may result in an immediate removal of funds from your account and may also result in loss of this payment method option.

*Note: This feature supports US banks only. International Banks (including US territories) are not supported at this time.

 

 

 

To fund via Wire Transfer:

To fund via Wire Transfer, please follow these simple 5 steps:

  1. Using the information below, initiate the transaction with your financial institution. Keep your receipt!

  2. E-Mail our Billing team: billing@ytel.com

    1. Subject: Payment receipt from "Your Business Name Here"

    2. Include your AccountSID (this can be found on your dashboard)

    3. Attach a copy of the receipt

      1. Preferred format is PDF

      2. Funding may be delayed without all requested information

  3. You will receive an automated email with a service ticket in response.

    1. Please add billing@ytel.com and support@ytel.com to your approved senders list and/or spam filters.

  4. Upon successful receipt of funds by Ytel, we will update your account and send you an update through the service ticket.

  5. Thank you - Ticket Closed! No further action is required from you.

 

What You Need to Know

  • Plan ahead - Wire transfer payments can take 1-5 business days to be sent by your financial institution and be received by Ytel and applied to your available account balance..

  • Plan ahead - Calculate your anticipated monthly spend by clicking Reporting> Usage. As a best practice, we recommend adding an additional 10-20%.

  • Setup auto-recharge with your credit card or checking account as an added layer of protection. Learn more with this article.

    • Credit card payments include a 3.75% service fee at the time of the transaction.

    • Auto-Recharge will process a single transaction every 4 hours. It will NOT processing successive "rapid-fire" transactions to replenish the available funds within the account balance.

Information Your Financial Institution Will Require:

Account Name:

Ytel, Inc

26632 Towne Center Dr. #300

Lake Forest, CA 92610

(800) 382-4913

 

Account Number:

1895397782

 

Wire Transfer / ACH Routing Transit Number (RTN/ABA):

121137522

 

International SWIFT Code:

MNBDUS33

 

Bank Name:

Comerica Bank

333 W. Santa Clara St.

San Jose, CA 95113

 

 

Please note, Ytel does not charge a fee to receive ACH Deposits or Wire Transfers. Your financial institution may assess their own fees, for which you are responsible. Any fees passed through to Ytel will be deducted from your funding and you will receive the net difference.

 

Related articles