Withdrawal methods on ConvertSocial: terms and how they work

  • Updated

This text contains general information about the methods for withdrawing funds available on ConvertSocial.

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The list of available withdrawal methods varies depending on the country you live in and your legal entity. For instance, withdrawing funds to bank cards is only available for creators who are individuals living in Russia and Ukraine.

Click a withdrawal method to learn more about how it works.

Withdrawal methods and how they work

Bank transfer

Withdrawing funds to a bank account is available for individuals and legal entities from any country.

How it works

  • Available currencies: USD, EUR, RUB, and UAH.

  • If a beneficiary bank is based in Russia, Belarus, Ukraine, or India, a creator agreement with ConvertSocial is required to withdraw funds. To conclude such an agreement, contact support.

  • The payment date is determined by the bank. So, if you request a bank transfer, ConvertSocial won’t provide you with a date for when you’ll receive the payment. Please contact your bank for the estimated payment date.

  • ConvertSocial doesn’t charge fees for bank transfers, but your bank may. If you want to use this withdrawal method, request more information from your bank.

  • Banks may charge fees both for confirmed and declined payment requests. This means that if the bank declines your request, the funds will be returned to your balance. However, your bank’s request processing fee may later be debited from your account. You can view your payment requests in the Payment requests section.

PayPal

Individuals and legal entities from any country may withdraw funds to PayPal.

How it works:

  • Available currencies: USD, EUR, and RUB.
  • Withdrawal fee: 4%.

WebMoney

Individuals and legal entities from any country may withdraw funds to WebMoney.

How it works:

  • Available currencies: USD.
  • Withdrawal fee: 1%.

Bank card

Only individuals from Russia and Ukraine may withdraw funds to a bank card.

How it works:

  • Available currencies: RUB and UAH.

  • The card must be a Visa/MasterCard/MIR card issued in Russia or Ukraine.

  • Card withdrawal limits:
    • Max amount in one payment request: ₽600,000 or ₴150,000.
    • Max amount to transfer to one card per day: ₽600,000 or ₴150,000.
    • Max amount to transfer to one card per month: ₽1,500,000 or ₴150,000.
    • Max daily requests for UAH cards: 10.
    This limit only applies to a specific card, not the entire account.
    If you’ve reached the limit for one card, you can add another card to your account and withdraw funds to it.

  • Card withdrawal fee: 4%.

Conversion upon withdrawal

Earnings on ConvertSocial are calculated and credited in euros.

If your withdrawal method’s currency is not in euros, funds will be automatically converted to the appropriate currency before the withdrawal.

To see the exchange rate, click the hint next to the Amount after conversion field.

Withdrawal fees

Withdrawal method Fee amount
PayPal 4%
WebMoney 1%
Bank transfer Request information from your bank.

Banks may charge fees both for confirmed and declined payment requests. This means that if the bank declines your request, the funds will be returned to your balance. However, your bank’s request processing fee will later be debited from your account. You can view your payment requests in the Payment requests section.

Bank card 4%

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