Manage banking details
Cleverbridge uses your payout information to transfer revenue from processed transactions to your designated bank account.
Provide your banking details before you start selling to help ensure that payouts can be processed correctly and on time.
Provide payout information
Send your preferred payout currency and the required banking information to Client Payments.
The required information depends on your company's country of registration.
For payouts to a bank account in the United States, the account must support ACH transfers.
Your payout currency is the currency in which your self-billing invoice is generated and your payout is made.
When payouts are made
Payouts are the regular payments Cleverbridge makes to you for revenue earned from processed transactions within a clearing period.
The self-billing invoice is created automatically at the end of each clearing period and serves as the official invoice for your payout. You do not need to issue or submit an additional invoice to Cleverbridge.
Payouts are usually made no later than the 16th day of the following month. If the 16th falls on a weekend or holiday, the payout is made on the next working day. Depending on your bank's location and policies, it can take one to five days for the money to appear in your account.
For more information, see About payouts.
Update payout details
Contact Client Payments to update any of the following information:
- Banking details.
- Payout currency.
- Company or address information shown on the self-billing invoice.
You may need to complete and submit an updated payout information form.