In this article, you will learn how to add your bank account where the funds you collect will be paid into.
The bank account must be;
- In the name of and owned by the legal entity of the business
- Able to receive credit transfers in the same currency that you are charging customers
Please note: To collect payments in a scheme other than ACH, businesses based in the US will need to have a bank account within the scheme area. For example, if you want to collect EUR payments, you would need a bank account (in the name of the US company) to be set up within the Eurozone.
Follow these steps in order to enter your payout bank account details:
1. Enter your account details
2. Click Submit bank details
You will then see a summary of the details entered.
If you selected to upgrade to our Plus or Pro packages, the next step will be to provide billing details. You can read more about this by clicking here.
If you selected the Standard package, the final page of the setup form will be Verification status. Click here for further information.