Link Bank Account

Merchants on BagelPay are required to link a bank account to receive payouts. The information and fields required may vary based on the location of the bank account. This guide will outline the required fields and specifications for each region.

  1. Click the Manage Payout Account button in the Balance dashboard and fulfill the Bank Information.

  2. Complete the form with accurate details as outlined below.

  3. Upload a Bank Statement that meets the visibility requirements for verification.

Bank Information Fields Based on Country

1. China

Field
Description

Account Holder Name

Exact name as per bank account details

Bank Name

Name of the bank

Bank Account Category

Type of bank account (Personal or Business)

Bank Account Currency

3-letter code of local currency (e.g., INR)

Bank Account Number

Unique bank account number

SWIFT Code

SWIFT code as per bank account statement

Bank Statement Upload

Upload a visible bank statement showing all relevant details

2. United States (USA)

Field
Description
Mandatory

Account Holder Name

Exact name as per bank account details

Yes

Bank Name

Name of the bank

Yes

Bank Account Category

Type of bank account (Personal or Business)

Yes

Bank Account Currency

3-letter code of local currency (e.g., USD)

Yes

Bank Account Number

Unique bank account number

Yes

Account Type

Account type (Saving or Checking)

Yes

Routing Number

Routing number for the bank account

Yes

Bank Statement Upload

Upload a visible bank statement showing all relevant details

Yes

3. Europe

Field
Description
Mandatory

Account Holder Name

Exact name as per bank account details

Yes

Bank Name

Name of the bank

Yes

Bank Account Category

Type of bank account (Personal or Business)

Yes

Bank Account Currency

3-letter code of local currency (e.g., EUR)

Yes

Bank Account Number

Unique bank account number

Yes

SWIFT/BIC

SWIFT/BIC code for international transfers

Yes

Bank Code

Bank code (If not applicable, fill “NA”)

Yes

Bank Statement Upload

Upload a visible bank statement showing all relevant details

Yes

4. Rest of the World

Field
Description
Mandatory

Account Holder Name

Exact name as per bank account details

Yes

Bank Name

Name of the bank

Yes

Bank Account Category

Type of bank account (Personal or Business)

Yes

Bank Account Currency

3-letter code of local currency associated with your bank account

Yes

Bank Account Number

Unique bank account number

Yes

SWIFT/BIC

SWIFT/BIC code for international transfers

Yes

Bank Code

Enter the bank code, if applicable (otherwise, enter “NA”)

Yes

Bank Statement Upload

Upload a visible bank statement showing all relevant details

Yes

Additional Guidelines

  • Bank Statement Visibility: All uploaded bank statements should have clear and readable account details. Avoid cropping or obscuring any information, as this could delay the verification process.

  • Account Name Accuracy: The Account Holder Name should exactly match the name on the submitted bank documents to avoid discrepancies during the verification process.

  • SWIFT/BIC and Routing Numbers: Ensure SWIFT/BIC and Routing Numbers are accurate for international and domestic transfers to facilitate seamless payouts.

  • Currency Codes: Always use the correct 3-letter currency code (e.g., INR for India, USD for the USA, EUR for Europe) as per the bank account’s local currency You can use the following link to identify your currency code if your have any doubts : https://www.iban.com/currency-codes

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