Withdraw Funds to Your Bank Account

Published on: Thu, 23 Mar, 2023 at 2:53 AM | Updated on: Tue, 19 Mar, 2024 at 5:20 AM

You'll need a bank account in a country that impact.com supports to receive funds via EFT. The amount paid will be in the currency you chose for your impact.com account. Learn which currencies impact.com supports.

Warning: After an account has been set up, we are unable to change the selected currency in our system. If you would like to change the currency, you will need to set up a new account.

Accepted withdrawal methods

Payment type	Description	Processing time	Fees	Supported Currencies
ACH (Automated Clearing House)	ACH payments are domestic EFT payments. impact.com holds a bank account in that currency/region.	3–5 business days after the paystub has cleared.	Free	ACH supported currencies AUD - Australian Dollar BRL - Brazilian Real CAD - Canadian Dollar DKK - Danish Krone EUR - European Euro GBP - British Pound Sterling HKD - Hong Kong Dollar ILS - Israeli Shekel NOK - Norwegian Krone PLN - Polish Złoty SEK - Swedish Krona SGD - Singapore Dollar USD - American Dollar ZAR - South African Rand
Wire	Wire payments are international EFT payments. impact.com does not hold a bank account in that currency/region.	3–5 business days after the paystub has cleared.	Currency-specific	Wire supported currencies AED - United Arab Emirates dirham ALL - Albanian Lek AMD - Armenian Dram ARS - Argentine Peso AUD - Australian Dollar BBD - Barbados Dollar BDT - Bangladeshi Taka BGN - Bulgarian Lev BHD - Bahraini Dinar BMD - Bermuda Dollar BND - Brunei Dollar BSD - Bahamian Dollar BWP - Botswanan Pula BZD - Belize Dollar CHF - Swiss Franc CLP - Chilean Peso CNY - Chinese Yuan CZK - Czech Koruna DKK - Danish Krone DZD - Algerian Dinar EGP - Egyptian Pound ETB - Ethiopian Birr EUR - European Euro FJD - Fijian Dollar GBP - British Pound Sterling GHS - Ghanaian Cedi GTQ - Guatemalan Quetzal HKD - Hong Kong Dollar HUF - Hungarian Forint IDR - Indonesian Rupiah INR - Indian Rupee JMD - Jamaican Dollar JOD - Jordanian Dinar JPY - Japanese Yen KES - Kenyan Shilling KRW - South Korean Won KWD - Kuwaiti Dinar KZT - Kazakhstani Tenge LKR - Sri Lankan Rupee LSL - Lesotho Loti MAD - Moroccan Dirham MOP - Macanese Pataca MUR - Mauritian Rupee MWK - Malawian Kwacha MXN - Mexican Peso MYR - Malaysian Ringgit MZN - Mozambican Metical NAD - Namibian Dollar NGN - Nigerian Naira NZD - New Zealand Dollar OMR - Omani Rial PEN - Peruvian Sol PGK - Papua New Guinean Kina PHP - Philippine Peso PKR - Pakistani Rupee QAR - Qatari Riyal RON - Romanian Leu RSD - Serbian Dinar SAR - Saudi Riyal SCR - Seychellois Rupee SZL - Swazi Lilangeni THB - Thai Baht TND - Tunisian Dinar TRY - Turkish Lira TTD - Trinidad & Tobago Dollar TWD - New Taiwan dollar UGX - Ugandan Shilling USD - American Dollar UYU - Peso Uruguayo VUV - Vanuatu Vatu XAF - Central African CFA franc XCD - East Caribbean Dollar ZMW - Zambian Kwacha
PayPal	PayPal payments are digital payments via the PayPal platform and require you to have a registered PayPal account. Learn how to withdraw funds to your PayPal account.	Immediately after the paystub has cleared.	2% processing fee (up to $20 or the currency equivalent) will be assessed to the amount sent.	PayPal supported currencies AUD - Australian Dollar CAD - Canadian Dollar DDK - Danish Krone EUR - European Euro GBP - British Pound Sterling HKD - Hong Kong Dollar ILS - Israeli Shekel JPY - Japanese Yen MXN - Mexican Peso NOK - Norwegian Krone NZD - New Zealand Dollar PHP - Philippine Peso SEK - Swedish Krona SGD - Singapore Dollar USD - American Dollar

From the left navigation bar, select [Menu] → Settings.
Under the Finance section, select Bank Account.
Next to Payment Method, select [Button] Electronic Funds Transfer.
Enter your bank account information in the empty fields.
- To learn more about each field, see the Field reference below.
- To ensure you're entering your banking information correctly, see the Validation rules reference below.
Select Save.

Field reference

Field	Description
Bank Location Country	Select your bank account's base country from the drop-down menu. If you select a country subject to an ACH payment, the payment method will update to EFT Withdrawal (free). If you select a country subject to a Wire payment, the payment method will update to FX Wire (Processing Fee Amount).
Payment Method	A processing fee will occur whenever your balance is withdrawn and is displayed on the screen. An EFT withdrawal with no processing fee can occur for some countries. Refer to Accepted withdrawal methods for more information.
Beneficiary Account Name	Enter the bank account holder's name for the account to which you are transferring your money. This must exactly match what your financial institution has listed.
Bank Account Number / International Bank Account Number (IBAN)	Depending on your country, enter the required bank account number or IBAN number.
Bank Account Type	For partners with bank accounts that request it, use the drop-down menu to select what type of bank account will receive the funds: Checking or Savings.
Swift Code [Non-US]	For partners with bank accounts located outside the United States, enter your financial institution's SWIFT code. Refer to your institution for help retrieving this number.
ABA Routing Number [US Only]	For partners with US-based bank accounts, enter your bank's routing number. Refer to your bank for help retrieving this number.
Routing Number [CAN Only]	For partners with Canada-based bank accounts, enter your bank's routing number. For more information, refer to Canadian Routing Numbers Explained for Partners.

Validation rules reference

Field

Validation

PayPal email

Must be a valid email address

Beneficiary Account Name

Must be alphanumeric
May not be entirely numeric
Following punctuation symbols are allowed:
- Dash / Hyphen: -
- Brackets: ( )
- Period: .
- Comma: ,
- Apostrophe: '
Chinese or Japanese characters are permitted
Russian Cyrillic alphabet is not permitted
Currency symbols are not permitted

Bank Account Number

Must be numeric
For some countries, there are length rules. See the Bank Account Number Length Rules Reference below for more information

Bank Account Number Length Rules Reference

Country	Must be numeric	Rules
Other	Yes	No other rules
USA	Yes	Length must be >= 3 and <= 17 digits. (this is from the length of the field in SVB Ach)
United Kingdom	Yes	Length = 8
Mexico	Yes	Length = 18
Poland	Yes	Length <= 26
Australia	Yes	Length <= 9
Faroe Islands	Yes	Length <= 10
Denmark	Yes	Length <= 10
Norway	Yes	Length <= 11
Hungary	Yes	Length <= 16
Sweden	Yes	Length <= 12
Czech Republic	Yes	Length <= 16
Hong Kong	Yes	Length <= 14
Singapore	Yes	Length <= 14
New Zealand	Yes	Length <= 16
South Africa	Yes	Length <= 11
Greenland	Yes	Length <= 10
Morocco	Yes	Length <= 24
Canada	Yes	Length <= 12

Routing Number

If a USA or UK bank, this field must be numeric
If a Canadian bank, see Canadian Routing Numbers Explained for Partners
For some countries, there are length rules, see the Routing Number Length Rules Reference below for more information

Routing Number Length Rules Reference

Country	Must be numeric	Rules
Other	No	No validations
USA	Yes	Length = 9 First digit must be 0,1,2 or 3 Number is checksum validated
United Kingdom	Yes	Must be in the format ABCDEF or AB-CD-EF
Canada	Yes	Length = 9
Australia	No	Length <= 6
Czech Republic	No	Length <= 4
Hong Kong	No	Length <= 6
Singapore	No	Length <= 8
New Zealand	No	Length <= 6
South Africa	No	Length <= 6
India	No	Length <= 11
Philippines	No	Length <= 9
Russia	No	Length <= 9

Swift Code

Must be alphanumeric
Length must be either 8 or 11 digits
Follows the format of XXXXXX-XX-XXX. Final 3 XXX are optional depending on length.
Digit 5 and 6 (country/region code) must match first 2 digits of IBAN

IBAN

Must be alphanumeric
IBAN structure validator registry

VO Code

Must be alphanumeric

Classification Entity

Must be alphanumeric
Length must be greater than or equal to 11

Classification CPF

Must be alphanumeric
Length must be greater than or equal to 14

Patronymic Name

If classification entity is INDIVIDUAL then the patronymic name must be specified and alphanumeric

Agency Code

Must be alphanumeric and length greater than or equal to 5

Bank Address

Provide the address, city, province/state, and postal code

Branch Code

Must be numeric
For JPY currency, branch code length must be 3 digits
For BDT currency, branch code length must be 9 digits

For more information on how to configure your payment scheduling settings, visit our Select How Often You Can Get Paid as a Partner article.

Accepted withdrawal methods

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