[Advisors] Updating Your Billing Account
Only Advisors who have been set up by the Enterprise firm to independently pay for their AdvicePay account will see a Billing section and be able to enter/manage their bank information.
Managing your bank accounts is done under Account Settings under your top-right drop down menu in your account) > Billing.
Here you'll find your Billing account (this is what you use to pay AdvicePay for your monthly subscription service).
We are able to accept any checking account associated with a U.S. bank. If you wish to use your brokerage account, please be sure ACH has been activated in order to allow debits + credits on the account!
Note: We don't support debiting or paying out funds to savings accounts! Using savings account information will result in a failed payment/payout.
You can update this account when necessary by clicking the Add Account button and entering in new information:
Once you click Add Account, search for your bank and continue through Stripe's process to add the account or Enter bank manually instead near the bottom left (underlined in red).
Once the bank is added the bank's last four will show as below then click Save.
After entering your new account, if there is more than one on the account, you will be prompted with the screen below to choose to make the default payment, if so click yes, if not, please click no, and keep my current default.
If you choose to have this new payment as the default future subscriptions will be charged to that payment type. Any non-default account can also be deleted here after the new one is added.
