Yes! You can receive ACH and Domestic Wire payments in your name.
How do I obtain this account with bank details in my name?- Go through normal bitwage onboarding
- Create a client or employer
- Click "view" under the bank details column (for employer)
- Create invoice and scroll down to funding details section
- Click "Apply" button on the ACH or Domestic Wire tab*
- Go through application process, submit real data**
- Wait for approval or rejection (takes 10 minutes)
- If rejected, try applying again
- If approved, you can view the new bank details
*Our partner does a separate onboarding and document verification to assign the individual accounts
**This feature is limited to some locations. Check here what are the options available in case you are in one of those locations.What can I expect when my client or employer sends ACH or a Domestic Wire to Bitwage?
Once funds are received, you will get a notification via email the funds have been received by our partner. The next step is Bitwage processing your payments and sending to your bank account/crypto wallet according to your allocations.
What are the benefits of unique account USD ACH/Domestic Wire bank details in my name?
- Accounts in your name: You can now receive payments directly under your own beneficiaries’ name, streamlining the payment experience.
- Faster notifications when funds are received: Bitwage is programmatically integrated into it’s new banking partner, so we can notify you as soon as we receive funds.
- Faster & More Reliable Transactions: By offering unique depository accounts, Bitwage is able to reconcile transactions instantly to your account, which means less time requesting updates on transaction status.
- Connect Bitwage to any freelance and payroll platforms: Our new ACH banking partner enables you to receive payments from popular platforms that include:
- Upwork
- Deel
- Freelancer.com
- Remote
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- Payoneer
- Fiverr
- Toptal
- Gigster
- Gusto
- ADP
- Airbnb
- Uber
- Lyft
- and many more!