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Bank Beneficiaries

A bank beneficiary is a person or business whose bank account can be selected during a payout.

Add bank beneficiary panel

Bank beneficiary fields​

The form may include:

FieldDescription
CurrencyThe payout currency.
Beneficiary CountryThe country where the beneficiary is located.
Beneficiary TypeIndividual or Business.
Payment MethodThe supported payout method for the selected market.
Account Holder NameThe name shown on the bank account.
BankThe beneficiary's bank.
CityThe beneficiary's city.
State/ProvinceThe beneficiary's state, region, or province.
Beneficiary AddressThe beneficiary's complete address.

Additional fields may appear after you select the currency, country, and payment method.

Add a bank beneficiary​

Select Bank Account

Open the Add Beneficiary panel and choose Bank Account.

Select the currency

Choose the currency you intend to use for payouts.

Select the beneficiary country

Choose the beneficiary's country.

Choose the beneficiary type

Select Individual or Business.

Select a payment method

Choose an available method for the selected currency and country.

Enter the account holder name

Use the exact name registered on the bank account.

Select or enter the bank

Choose the beneficiary's bank where available.

Complete compliance details

Enter the requested city, state or province, and address.

Save the beneficiary

Review the information and select Save Beneficiary.

warning

The account-holder name should match the bank's records. A mismatch may delay or prevent the payout.

Currency and country dependency​

Available fields and payment methods may change based on the selected:

  • Currency
  • Country
  • Beneficiary type
  • Payout route
Add a Beneficiary
Beneficiary FAQ