How to add a withdrawal method on ConvertSocial

  • Updated

You need to add at least one withdrawal method to transfer funds out of your account.

How to add a withdrawal method

1. Go to Withdrawals and click Add a withdrawal method.

2. In the new form, enter any name for your new withdrawal method.

Just make sure that it's something intuitive and convenient.

Double check the information you enter for accuracy, or your withdrawal requests may be declined.

 3. Complete the General info fields.

  • Specify your country.
  • Select your entity type: legal entity or individual.
  • Select a withdrawal method available in your country.
  • Select the currency you want to withdraw funds in for this method.

4. Now enter the tax and payment details for the selected withdrawal method.

Tax details

Below you'll find descriptions of all the fields in Tax details. However, the fields that will actually be displayed depend on the selected country, business entity, and withdrawal method. When adding a withdrawal method, you only need to complete the fields shown in the interface after you complete Step 3.

  • First name, Last name. Enter your first and last name (for individuals only).
  • Company name. Enter your company name (for legal entities only).
  • Tax number. Specify your taxpayer identification number You can find it on the official website of your country's tax authority.
  • Tax office. Enter the city where your tax office is located.
  • VAT Number. Enter your taxpayer registration number. You can find it on the official website of your country's tax service.
  • T.C. Kimlik No. Enter your personal identification number (only for citizens of Turkey).

The fields below are only shown if you select India in the Country field in Step 3:

  • IFSC. Specify your bank office code.
  • PAN. Specify your bank card number.
  • GST Number. Specify your taxpayer registration number.
  • SAC. Enter the economic activity code (used for tax calculation).
  • Account type. Specify your account type.
  • Account name. Specify your account name.

Payment info

The fields displayed in Payment details depend on the selected withdrawal method:

  • for PayPal, specify the email address linked to your PayPal account

  • for WebMoney, enter your WebMoney wallet number

  • for a Bank account, specify the required information (yours and your bank's). Enter all the information in Latin letters:
    • Account owner. Enter your full name or your company name.
    • Bank country, ZIP code, City/Town, Address. Specify the bank's legal address.
    • BIC / SWIFT BIC. Specify the bank's unique identification code.
    • Account number / IBAN. Specify the international bank account name.
    • Comment. This field is optional. You can specify additional information about this withdrawal method here (e.g. payment purpose or other details).

  • for a Bank card, specify your card name.
    You can also specify additional information in the Comment field. Withdrawals to bank cards are only available to individuals from Russia and Ukraine.

5. Make sure all the information is correct and click Save.

If you try to add a withdrawal method you've already added, you won't be able to save the information. If this happens, check if you've already added this method and if the information contains any errors.

If this doesn't help, add another withdrawal method or contact support.

6. A text message code will be sent to the phone number linked to your ConvertSocial account.
Enter it in the Text message code field, then click Confirm.

If there is no phone number linked to your account yet, you'll see the window where you can add it.

• Enter your phone number in the Phone number field and click Get code.
• A text message code will be sent to the phone number entered. Enter it in the Text message code field to link your phone number to your account.
• Confirm adding a withdrawal method using the text message code (see above).

All done! Now you can withdraw money using the added method.

You can add several withdrawal methods in Withdrawals.
By default, the first on the list will be the method you used last.

Helpful links:

How to view withdrawal method details

In the withdrawal method profile, click the ellipse icon, then Learn more.

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The details page will open.

How to edit a withdrawal method

Unfortunately, you can't edit a withdrawal method that has already been added and verified.

If you made a mistake or want to edit something else, just add a new withdrawal method using the guide at the start of this article.

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