If you use Toptal as a Freelancer, you can withdraw your earnings into the World Account. With the World Account, you can hold your multi-currrency 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.
The type of Receiving Account to set up to withdraw from Toptal
You need to set up a Receiving Account in the corresponding currency of your Toptal payment, which is in USD. Otherwise, Toptal 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 Toptal
- First login to your Toptal account
- Then, click on “Transfer” and select “New Transfer Method“
- Click on “Bank Transfer” and then press on “Continue“
- Enter the details of your account as requested, including your account number and any other necessary information
- Once done, click on “Continue“
