If you use Malt as a Freelancer, you can withdraw your earnings to your World Account. With the World Account, you can hold your multi-currrency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. 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 Malt funds.
The type of Receiving Account to set up to withdraw from Malt
You need to set up a Receiving Account in the corresponding currency of your Malt balance. Otherwise, Malt may convert your balance into your account currency, for which they will charge a fee.
| Step 1 – Set up the Receiving Account
- On your World Account dashboard, go to the ”Collection“ tab
- Then click on ”Manage Accounts“ > ”Add a New Receiving Account“. You can then select the currency of your 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 Malt
Here’s how to set up your bank account to withdraw your available funds.
- Access your Malt account settings by clicking “My settings
- Navigate to the ‘Malt digital wallet‘
- Click ‘Add an IBAN‘ to add or update your receiving account details from WorldFirst in the designated fields
- Complete the bank account setup, or connect your existing account
