Micro-deposit Account Verification
Micro-deposit verification is a form of authenticating bank account ownership or access. This verification method ensures that the person trying to connect a bank account to PEX is an authorized owner of that account.
The first step in micro-deposit verification is to provide the bank account number and routing number for the external bank account you are trying to link. PEX will then make two small deposits – usually, each is less than a dollar – in your external bank account (for example, $0.05 and $0.15). The deposits should appear in one to two business days.
After the micro-deposits appear in your external bank account, log in to the PEX dashboard and confirm the exact amounts deposited. If the entered amounts match the amounts deposited, the verification is successful. (You will have a limited number of attempts to enter the correct amounts). The amounts will be debited shortly thereafter.
Last modified on April 23, 2026