A Funding Reference ID is a Payor’s unique 8-character identifier. When sending wire instructions, include only the funding reference ID in the memo field to properly allocate your funds to your Velo account. If there is other information included in the memo field, funds will be held in an unallocated status and may delay Payouts.
To view your Funding Reference ID,
- Click Source Accounts from the side navigation
- Select the source account funds will be pulled from and a flyout page will appear
- Your Funding Ref ID will be located under the fist tab