I’m in the process of setting up a new bank account, just for my online store. I’m in the USA, and using Shopify Payments. Since I anticipate we will be issuing refunds, Shopify may need to withdraw funds from the bank account in order to issue refunds (only in cases when there aren’t enough funds in the Shopify balance).
My bank is telling me that to allow this, I need the originating ACH company ID for Shopify. This is the ID Shopify would use to originate ACH debits. The bank wants this so they can set up a filter so that only Shopify can originate a ACH direct debit.
WFMSTRIPE1, SHOPIFYPMT, 3270465600, 2270465600, 4270465600, and 1800948598
If you decide to use Shopify Capital you may also need to add Shopify Capital as an approved payee with ACH IDs 7811161726 or 1811161726 to allow debits for remittances.