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Withdraw Funds to Your Bank Account

Published on: Thu, 23 Mar, 2023 at 2:53 AM | Updated on: Fri, 6 Dec, 2024 at 2:08 AM

To withdraw funds, you'll first need to enter your banking information and have it verified by impact.com. You'll need a bank account in a country impact.com supports to receive EFT funds and understand the limitations of using an intermediary bank.

Update your banking information

Warning: Whenever you change or update your banking information, this triggers a payment verification process which may delay your next payout. Learn more about minimizing the impact of the delay.

From the left navigation menu, select [Menu] → Settings.
- Alternatively, for Creator accounts, in the upper-right corner, select [User profile] → 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.
- For more information on payment scheduling settings, see Select How Often You Can Get Paid as a Partner.
Keep your payment and tax details updated to avoid maintenance fees: If impact.com is unable to pay you for 6 months, then a monthly account maintenance fee of $10 USD will be charged starting in month 7. This fee is non-refundable and is charged until either 1) you provide valid, updated tax or payment information, or 2) your account balance reaches 0.

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Payment Method	A processing fee will occur whenever your balance is withdrawn and is displayed on the screen.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 Supported 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

Supported withdrawal methods

Payment type	Description	Processing time	Fees
ACH	Automated Clearing House 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
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
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.

Note: You'll be paid in the currency you chose when setting up your impact.com account. If want to change your currency, you'll need to set up a new account because impact.com can't change your currency once your account has been set up.

Supported currencies

Each payment type supports the following currencies.

ACH supported currencies

AUD - Australian Dollar
BRL* - Brazilian Real*
Important: impact.com doesn't support new partner sign-ups with the BRL currency. However, if a partner signed up before the restriction, they'll still be able to receive payouts in BRL.
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 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 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

Update your banking information

Supported withdrawal methods

Supported currencies

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