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It’s Time to Ditch Paper Checks
Paper checks and wire transfers can finally be a thing of the past with Velocity Pay! Now, delivering funds for your next real estate transaction is easier, safer, and quicker than ever.
See what Velocity Pay offers:
- – Fully Electronic, Encrypted, & Secure
- – Initiate a Transfer within 90 Seconds
- – Connect to Any Financial Institution in the US
- – Never Share Routing or Account Numbers
- – Stay Informed with Email Notifications
- – Receive Refunds or Commissions
- – Accessible 24/7
Velocity Pay Instructions
Full PDF instructions can be downloaded below.
Enter authentication code
Enter the authentication code you should have received via text message.
Start a transfer
Click the green plus sign beside “Transfers” to start a new transfer.
Input your information
Please input your personal information for an OFAC check.
Securely connect your account
Next you will see the Plaid screen. Plaid is the most secure way to connect you bank account electronically. We do not share or store any banking credentials. Please click continue.
Select your financial institution
Plaid allows us to connect to over 12,000 financial institutions. What you will first see are the most banks used on our platform. If you do not see your bank click in the search bar and type in the name of your bank. Select your financial institution.
Login to your bank
Login to your bank account with your online banking credentials. After you have selected your financial institution, log in to your bank using your online banking credentials. This will allow you to view all of your accounts which are eligible to make a transfer on our platform"
Select account and continue
Please select the account that you would like to use to make the transfer. Once your account has been selected please click “Continue”.
Provide your information
Please fill out the transfer details page. If you would like to add any notes about your transfer you can add that in the optional notes section.
Review and submit transfer
Review your transfer details if all of the information is correct please click “Make Transfer”.
Once you have clicked “Make Transfer” both you and Velocity Title will receive email notifications that the transfer has been initiated. You will also receive an email notification when the transfer arrives in Velocity Title’s account. You can also add additional email recipients if you would like to send the transfer details to anyone else involved in the closing.