This page outlines how to transfer funds to your bank account after Members have purchased items on your Space.
UI Steps
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UI Step
Navigate to the Payments Dashboard
If funds are ready to transfer, this will show an Available Balance. In order to withdraw money, you must first create an Account.
UI Step
Create Account
Click on the Accounts Tab to ensure that you have created an Account to allow you to transfer money from your Space into your bank account.
Accounts are one of two types:
Personal
Business
All Bank Accounts require the following:
Account Number
Routing Number
UI Tabs
UI Tab
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Personal
Personal accounts are owned by individuals. These require the following:
First and Last Name
Birthday
Address
Picture of Identification Card
Social Security Number (SSN)
UI Tab
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Business
Business Accounts are owned by a company. These require the following:
Business Name
Employee Identification Number (EIN)
Additionally, you must provide information on an individual who is a signatory of the account.
First and Last Name
Birthday
Address
Picture of Identification Card
Social Security Number (SSN)
The following forms of identification are acceptable:
Passport
Passport Card
Driver's License
State ID Card
Resident Permit ID
Green Card
Child ID Card
NYC Card
U.S. Visa Card
Please note that all sensitive information undergoes multiple layers of encryption to ensure that it does not fall into the wrong hands. (See Security and Compliance).
UI Step
Initiate Transfer
Once you have created an Account, return to the Overview Tab of the Payments Dashboard and click on Withdraw. After the transfer is confirmed, it can take up to five business days for the transfer to be processed.