[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-276831-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-276831-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","paragon-business-switch-kit-form-1-business-payment-flow-map","Paragon Business Switch Kit - Form 1 - Business Payment Flow Map","","Business Switch Kit form set for transitioning an operating company’s banking relationship to Paragon Bank. Form 1 captures business and account information and maps all incoming credits and outgoing ACH debits, including customer payments, loans, grants, card settlements, vendor payments, utilities, insurance, payroll tax deposits, and processing platforms. It emphasizes completing the payment flow blueprint before any other switch actions to avoid disruption to payroll, vendors, or collections.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/forms/","Forms",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/paragon-business-switch-kit-form-1-business-payment-flow-map/276831/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/paragon-business-switch-kit-form-1-business-payment-flow-map/276831.png","ImageObject",442,249,{"name":42,"@type":43},"Hazel","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-31","2026-09-15",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",11,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is the purpose of Form 1 in the Business Switch Kit?","Question",{"text":63,"@type":64},"Form 1 maps every payment flow moving through the current business bank account so the switch can be executed without missing critical credits or debits.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"Why does the kit warn about disruptions if a payment flow is missed?",{"text":68,"@type":64},"Missing payment flows can disrupt payroll processing, vendor relationships, or customer collections, because funds movement may not follow the expected timing and accounts.",{"name":70,"@type":61,"acceptedAnswer":71},"How should payroll providers be notified for a banking switch?",{"text":72,"@type":64},"Send the Payroll ACH re-authorization letter to the payroll provider or HR system, send it at least two full pay cycles before the planned switch date, and test with a single payroll run before full cutover.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},276831,1789495566,{"code":4,"msg":82,"data":83},"success",[84,88,93,98,103,108,112,117,122],{"id":55,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":110,"slug":111},17,40,"forms",{"id":113,"doc_module":22,"doc_module_name":25,"category_name":114,"show_sort_weight":115,"slug":116},18,"Letters",30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":82,"data":127},{"doc_id":79,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":109,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":104,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":12,"update_tm":80,"read_time":139},137441390410,"https://ap-avatar.wpscdn.com/avatar/2000252f4ab5702993?_k=1776741390130283984","Business Switch Kit—Form 1 of 7  \nBusiness Payment Flow Map  \nComplete this before moving any accounts—your blueprint for the entire switch  \nThis is the most important document in your switch kit. Map every payment flow that runs through your current business bank account before taking any other steps. A business typically has 3–5x more payment flows than a personal account. Missing one can disrupt payroll, vendor relationships, or customer collections.  \nB US IN E S S & A C C O U NT IN F O R MAT IO N  \n\n| Legal Business Name | DBA (if applicable)\u003Cbr>Date Completed Title / Role\u003Cbr>C R E D ITS I N ( MO N EY CO M I NG INTO T H E A CCO U NT) |\n| --- | --- |\n| Current Bank Name |  |\n| Primary Contact Name |  |\n| S E CT I O N A — A C H |  |\n\nList every source that sends funds directly into your business checking account.  \n\n| Source / Company Name | Amount (approx.) | Frequency | Contact / Phone |\n| --- | --- | --- | --- |\n| Accounts Receivable / Customer Payments |  |  |  |\n| Business Loan Proceeds |  |  |  |\n| SBA / Government Grant Disbursements |  |  |  |\n| Merchant / Card Processing Settlements |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n\nS E CT I O N B — AC H D E B ITS O UT ( MO N EY L EAV I NG T H E A CCO U NT — V E N DO R / S U P P L I E R PAY ME NTS )  \nList every vendor, supplier, or service provider that pulls payment from or receives payment from your business account.  \n\n| Vendor / Payee Name | Amount (approx.) | Frequency | Vendor Account \\# |\n| --- | --- | --- | --- |\n| Business Rent / Lease |  |  |  |\n| Utilities (Electric, Gas, Water) |  |  |  |\n| Business Insurance Premiums |  |  |  |\n| Inventory / Raw Materials Supplier |  |  |  |\n| Software / SaaS Subscriptions |  |  |  |\n| Payroll Tax Deposits (IRS / State) |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n\nS E CT I O N C — PAY RO L L & E M P L OY E E PAY M E NT S  \nS E CT I O N D — M E R C HA NT & CA R D P R O C E S S I N G  \n\n| Processor / Platform |  | Settlement Frequency | Contact / Support \\# |\n| --- | --- | --- | --- |\n| Card Terminal Processor |  |  |  |\n| Online Payment Gateway |  |  |  |\n| E-commerce Platform (Shopify, etc.) |  |  |  |\n|  |  |  |  |\n|  |  |  |  |\n\nS E CT I O N E — L OA N PAY M E NT S & L I N E S O F C RE D IT  \n\n| Lender / Institution | Loan Type | Payment Amount | Due Date | Linked Account \\# |\n| --- | --- | --- | --- | --- |\n|  |  |  |  |  |\n|  |  |  |  |  |\n|  |  |  |  |  |\n|  |  |  |  |  |\n|  |  |  |  |  |\n\nIMPORTANT: Wire transfers and ACH payment files require your bank to have the correct Paragon Bank routing number and account number on file with counterparties. Update both routing and account numbers when notifying each party—routing number alone is not sufficient.  \nBusiness Switch Kit—Form 2 of 7  \nPayroll ACH Re-Authorization Letter  \nSend to your payroll provider or HR system  \n\n| \u003Cbr>Use this letter to notify your payroll service, HR platform, or internal payroll system of your new Paragon Bank account. Send at least two full pay cycles before your planned switch date to allow for processing. Test with a single payroll run before full cutover. |  |\n| --- | --- |\n| S E N D E R I N F O R MAT I O N |  |\n| Legal Business Name\u003Cbr>Business Address | Date\u003Cbr>State / ZIP\u003Cbr>Title Email Address |\n| City |  |\n| Authorized Signer Name\u003Cbr>Phone Number\u003Cbr>PAY R O L L P R OV I D E R I N F O RMAT I O N |  |\n| Payroll Provider / Platform Name\u003Cbr>Payroll Provider Address City State / ZIP\u003Cbr>Client / Account ID with Payroll Provider Payroll Provider Phone / Support Number |  |\n\nA UTH O R IZATI O N L ETTE R  \nDear Payroll Services Team,  \nWe are writing to notify you of a change to our business bank account, effective for payroll processing beginning   . Please update our payroll funding account as follows:  \n\n| | |\n| --- | --- |\n\nPlease also update our payroll ","cbCaiai8EWduXZYh","https://ap.wps.com/l/cbCaiai8EWduXZYh","pdf",341425,"English","# Business Switch Kit Forms\n## Form 1 of 7 - Business Payment Flow Map\n## Form 2 of 7 - Payroll ACH Re-Authorization Letter\n## Form 3 of 7 - Vendor ACH Payment Change Notice","[{\"question\":\"What is the purpose of Form 1 in the Business Switch Kit?\",\"answer\":\"Form 1 maps every payment flow moving through the current business bank account so the switch can be executed without missing critical credits or debits.\"},{\"question\":\"Why does the kit warn about disruptions if a payment flow is missed?\",\"answer\":\"Missing payment flows can disrupt payroll processing, vendor relationships, or customer collections, because funds movement may not follow the expected timing and accounts.\"},{\"question\":\"How should payroll providers be notified for a banking switch?\",\"answer\":\"Send the Payroll ACH re-authorization letter to the payroll provider or HR system, send it at least two full pay cycles before the planned switch date, and test with a single payroll run before full cutover.\"}]","Paragon Business Switch Kit - Form 1 - Business Payment Flow Map | PDF",6]