FAQ

Is my bank account information stored safely with Kliks?
Rest assured your banking information is safe with Kliks. We partnered with one of the industry leading payment solutions provider, Dwolla. Kliks passes al...
Fri, 5 Aug, 2022 at 11:53 AM
Why is there a limit on business-use percentage when configuring my FAVR rate?
Kliks enforces a minimum and maximum between 45 - 75% for the Business Use percentage when configuring your FAVR reimbursement program. The IRS has defined ...
Mon, 6 Jun, 2022 at 4:58 PM
How to verify your Company Information to reimburse via ACH
Kliks can facilitate reimbursing your employees (aka users or drivers) via ACH funds transfer. In order to do this, our payment solutions partner (Dwolla) r...
Mon, 20 Jun, 2022 at 1:44 PM
Why do I need to submit Beneficial Owner information?
Beneficial Ownership is a requirement from the Financial Crimes Enforcement Network (FinCEN - a bureau of the United States Treasury), under the Bank Secrec...
Wed, 15 Jun, 2022 at 4:10 PM
What is a Controller?
A controller is a natural person who holds significant responsibilities to control, manage or direct a company or other corporate entity (i.e. CEO, CFO, Gen...
Wed, 15 Jun, 2022 at 4:12 PM
What is a Beneficial Owner?
A beneficial owner is a natural person who, directly or indirectly, owns 25% or more of a company. If there are no natural persons who own 25% or more of a ...
Wed, 15 Jun, 2022 at 4:13 PM
How is the 25% Ownership Determined for a Beneficial Owner?
If a natural person owns 25% or more of a company, then he or she is a beneficial owner. For example, if three people each directly own 33% of a company, th...
Wed, 15 Jun, 2022 at 4:18 PM
What information is needed for Beneficial Owners and Controllers?
The following information is needed:  Name Date of birth Physical address Identification number For U.S. persons, a social security number or other ta...
Wed, 15 Jun, 2022 at 4:20 PM
What does Dwolla (Kliks payments partner) do with the customer information?
As part of using Kliks to reimburse your employees via ACH transfer, our payments partner (Dwolla) verifies the information using the same standards applied...
Wed, 15 Jun, 2022 at 4:25 PM
How do I Add my Bank Account to Kliks?
Overview As a Kliks user (aka driver) that receives mileage reimbursement from your employer, you can add a checking or savings account to your Kliks profi...
Fri, 5 Aug, 2022 at 2:29 PM