Overview

You'll need to link a corporate chequing or savings bank account held with a Canadian financial institution before you can make a deposit and withdraw from your Wealthsimple Business account. To do this, we'll use one of our trusted partners, Flinks or Plaid, to securely request your online banking information. If you need to link your account manually, you can upload bank documents for verification via our AI-powered system, Persona.

If you can't link your bank account using Flinks or Plaid

If you can't or don't want to link your bank account through Flinks or Plaid, you can link your account manually via Persona or wire funds to your Wealthsimple account instead.

How to link your corporate bank account

When linking your bank account, we'll ask you to sign in to your bank via one of our trusted partners, Flinks or Plaid. Follow these steps to link your bank account:

Manually link your corporate bank account

If we can't automatically link your bank account, you can follow the prompts to manually link it during the bank linking process.

You'll need the following information to manually link your account:

• Institution number (3 digits)
• Transit number (5 digits)
• Account number (7-11 digits)

You'll also need to upload an account statement for the bank you're linking. The statement must include:

• Your corporation's name
• The full account number
• The institution logo

Please review how to find your account statement for help finding this document. If you're having difficulties finding the correct document, please contact our support team for help.

Persona document verification

Once you upload your documents via Persona, the AI reviews them in real-time.

• Approved documents: The bank account is automatically created and ready for use. You’ll receive an email confirmation.
• Declined documents: You’ll receive a specific rejection reason and can attempt to upload different documents or contact support for assistance.
• Under review: If your documents are flagged for human review, you’ll see an "under review" status. This typically happens within 5 business day.

Troubleshoot linking your bank account

If you're having trouble linking your bank account, please try our troubleshooting tips.

If your manual bank linking documents were rejected, review the specific rejection reason provided in the app to determine if you need to provide different documentation.