--- title: How to set up a business bank account and complete PAD authorization description: To add a business bank account for the first time, or when updating banking details, follow the steps below. If your provide new banking information, a new Pre-Authorized Debit (PAD) Agreement must be --- [Skip to content](https://knowledge.corfix.com/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization#main-content) - [English](https://knowledge.corfix.com/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) - [Español](https://knowledge.corfix.com/es/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) - [Français](https://knowledge.corfix.com/fr/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) - [Português](https://knowledge.corfix.com/pt/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) English Show submenu for translations ![black-logo (1)](https://knowledge.corfix.com/hs-fs/hubfs/black-logo%20(1).png?width=300&height=77&name=black-logo%20(1).png) Open main navigation Close main navigation - - [English](https://knowledge.corfix.com/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) - [Español](https://knowledge.corfix.com/es/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) - [Français](https://knowledge.corfix.com/fr/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) - [Português](https://knowledge.corfix.com/pt/articles/how-to-set-up-a-business-bank-account-and-complete-pad-authorization) English Show submenu for translations Got a question? Search the Corfix Guide! - There are no suggestions because the search field is empty. 1. [Corfix Guide](https://knowledge.corfix.com/articles?hsLang=en) 2. [Corfix Payroll](https://knowledge.corfix.com/articles/corfix-payroll?hsLang=en) 3. [Getting Started](https://knowledge.corfix.com/articles/corfix-payroll?hsLang=en#getting-started) October 6, 2025 # How to set up a business bank account and complete PAD authorization To add a business bank account for the first time, or when updating banking details, follow the steps below. If your provide **new banking information**, a new **Pre-Authorized Debit (PAD) Agreement** must be completed. #### 1. Open the bank account setup - Go to **Bank accounts** #### 2. Enter the required bank details Fill in all required fields: - **Institution number** - **Transit number** - **Account number** #### 3. Complete the PAD Agreement Enter the following information: - **Full name** - **Job title** - **Email address** #### 4. Authorize and continue - Tick the checkbox in the **PAD signature** section to authorize Nmbr to debit the bank account and manage transactions on behalf of the business - Click **Save and continue** **Disclaimer:** This article does not provide tax, legal, benefits, financial, or HR advice. 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