How do I receive transfers from personal/individual accounts?

You can receive third-party payment transfers from personal accounts, subject to reviews and conditional approval! 

As of August 26, 2024 - you can receive remittances from family members or payments from other individuals without providing supporting documentation, ONLY for transactions that are less than $2,000. 

If you are receiving a payment that is more than $2,000 from an employer, client, family member, or other individuals, please fill out this form here. You will need to provide the following information:

• Sender's Bank Account Name: The name associated with the bank account sending the funds.
• Sender's Bank/Platform: The financial institution or platform where the transfer originates.
• Expected Amount: The total amount expected to be transferred monthly.
• Recurring or One-Time Transfer Type: Specify if this is a recurring or one-time transfer.
• Purpose of Transfer: Briefly describe the reason for the payment.
• Online Professional Profile:
  • Links to your business or professional profiles online.
  • Links to your sender's business or professional profiles online.
• Supporting Documentation: Include relevant documents that substantiate the transaction. We will ask for:
  • contracts / service agreements with your name and the names of your clients and their business, dated in the last 3 months.
  • paystubs or invoices with your name and the names of your clients and their business, dated in the last 3 months. 

These are very important to ensure that your transfer will be approved. More documents may be requested if deemed necessary.

Please expect us to respond with a review between 2-3 business days.

A couple of reminders:

• Please submit a new request per unique sender account.
• Transfer types:
  • Only domestic wire transfers are accepted.
  • Both international and domestic ACH transfers are accepted starting 07/11/2024.
    • This means that all USD PayPal transfers are now accepted. 
• If no declaration is made, the transfer will be automatically returned within 5 business days.