If you use Deel as a Freelancer, you can withdraw your earnings into the World Account. With the World Account, you can hold your multi-currency funds, make conversions at competitive FX rates, remit to your bank account. You can even make purchases at wholesale sites like 1688.com directly with your World Account balance. With a few simple steps, you can start withdrawing your funds.
*Note: The following example uses a USD account for demonstration. The steps for other currencies are the same.
Step 1 – Set up a receiving account
- On your World Account dashboard, go to the Collections tab > Click Manage accounts
- Click on Add a new Receiving Account. You can then select the currency for your receiving account
- Select the required currency, account usage, marketplace platform, supported bank, and enter an account name. Click Confirm to complete your new receiving account
- Once the account is set up, you can click on Details to get the account details
Step 2 – Link your receiving account to Deel
Reminder:
You need to create a receiving account in your World Account before linking it to your Deel account for payments.
- To add a withdrawal method, go to Finance > Withdrawal methods > Add Method
- To withdraw your earnings, click Withdraw, enter the amount to be withdrawn, choose the withdrawal method, and continue.
- Click Set Up to enter the linking page and enter your bank details.
Tips:
Fill in or select the bank details exactly as shown in your World Account receiving account
- Your legal name: Account holder name (refer to the details in your World Account receiving account)
- Street address: Bank or institution address (refer to the details in your World Account receiving account)
- Town/City: City of the bank address (refer to the details in your World Account receiving account)
- County/Region: State/Region of the bank address (refer to the details in your World Account receiving account)
- Postal code: Postal code of the bank address (refer to the details in your World Account receiving account)
- After submission, once the platform review is approved, the account will be successfully linked.