Bitwage now offers ACH and Domestic Wire deposits using the user name as beneficiary to help with platforms like Airbnb, Deel, Payoneer,etc
How do I obtain this account with bank details in my name?- Go through normal Bitwage onboarding
- Create a client or employer
- Navigate to the menu on the left side, click on "Invoices," and then you will see the button at the top right corner "Create Invoice" that you need to click.
3a. You can also do this by selecting "Payers" from the panel. Once there, click on the three dots to view the dropdown menu. - If this is your first time, you will need to complete a brief Know Your Customer (KYC) process.
- Once you have completed this step, you will see the information displayed in this format.
6. Ensure that you fill out the information accurately, as this will determine whether your application is approved and the account details are granted.
Once you have completed this step, you will see a message
When you return to the invoice, you will likely see a message similar to this.
7.If your application is approved, you will be able to view the new bank details within approximately 10 minutes.
8.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 banking partner enables you to receive payments from popular platforms that include Upwork, Deel, Freelancer.com, Remote, Payoneer, Fiverr, Toptal, Gigster, Gusto, ADP, Airbnb, Uber, Lyft, and many more!