**IMPORTANT NOTICE: On May 14th, 2024 all Wethos Payments Accounts will be closed as we are transitioning to a new form of payment acceptance for your invoices. Once closed features such as debit cards, account statements, account transfers, and account and routing numbers will no longer be available. On May 14th, the Payments Tab will also no longer be available. Please download your account statements or CSVs before this date and make any withdrawals of the funds in your account. If there are any funds left in the account, they will be mailed to you within 30-60 days of account closure. You can learn more about this in our featured Help Center article HERE.

Once you’re approved for a Wethos Payments Account you’ll have the ability to payout teammates, deposit money into your account, or withdraw funds to a connected account!

Check out our walkthrough video or continue reading this article for a step-by-step guide on how to deposit or transfer money into your account.

To withdraw or transfer money into your Wethos Account you can follow the steps below.

1. To initiate a transfer from any page on Wethos, utilize the "create" button and select "New Transfer."

OR

Navigate to the Transactions tab from the Payments page.

2. To transfer money from the Transactions tab, select the make a transfer button. If you do not already have any linked accounts, you’ll be prompted to add an external account to deposit or withdraw money from.

You have the option to add a linked bank account automatically using Plaid, or by manually entering your account and routing information.

*Note that if you choose to manually connect an account, you’ll only be able to withdraw money and not deposit money into your Wethos account.

3. Click to either deposit money from your linked bank account to your Wethos Payments Account, or withdraw funds from your Wethos Payments Account to your linked bank account.

If you have multiple linked bank accounts, you can choose from the drop-down menu which account you'd like to withdraw or deposit. Type in the amount and watch the balance on the right side reflect those actions.

Click "deposit" or “withdrawal” once you have completely filled out the action you'd like to take.

4. You'll then be prompted to "agree" with the Wethos Business Deposit Account Agreement. If you have any questions regarding the agreement, feel free to check out our Terms and Conditions or reach out to us at [email protected].

Now your transfer is on its way!

5. After selecting "sounds good" you’ll be able to view the deposit or withdrawal on your Transactions page.

*Note: Any transactions made after 3 PM EST, on a holiday, or a weekend will be processed the next business day. All transactions can take up to 3-5 business days to fully process.

Contact us at [email protected].