Prosper has two bank verification options for your first bank account on Prosper.
- Instant bank verification
When you reach the bank verification stage of setting up your investor account with Prosper, you can instantly verify your bank account by entering in your online bank account login information in our verification screens.
- Challenge deposit
Prosper will make one deposit and one withdrawal to your bank account (both less than $1.00). These two transfers should appear in your bank account transaction history within 2-4 business days. You should receive an email from Prosper confirming that the transfers have been initiated. After the verification transfers have completed, you need to find the exact amounts of the transfers from your bank’s website or by calling your bank. You will need to enter these amounts on Prosper’s website to verify your bank account.