How To Add A Bank Account

Whether you want to Add Funds to your Paxum account by wire transfer, or Withdraw Funds from your Paxum account by wire transfer, you will need to add your bank account information to your Paxum Account.

This process is very easy and straightforward to complete.

First you’ll need to login to your Paxum account:

Next you’ll need to visit the section; My Account >> Profile Settings and select Bank Accounts from the middle column “Financial Information“:

A new page will load:

Next click Add Bank Account. A new page will load where you can enter the bank account information:

As you can see in the screenshot above, there are multiple fields to complete. We’ve broken them down below.

Section One is Bank Account Country.

>Simply select the country where your bank account is located from the dropdown menu.

Section Two is Account Holder Information.

>Here you will input your First Name, Last Name, Company Name (if applicable), Phone Number, Complete Address including ZIP Code.

Section Three is Account Holder’s Bank Information.

>In this section you input your Bank’s Name, SWIFT code, Bank Address, Bank Account Number, Currency of account, the ABA and the account type.

Section Four is Account Holder’s Intermediary Bank (Optional)

>If your Bank requests that wires be issued through an intermediary bank to your account, then this is where you will input that information. If you are unsure, please check with your bank to confirm as it is imperative that this information be correct to avoid any wire issues or delays.

Once you have entered the information simply click the blue ADD BANK ACCOUNT button and the bank account will be added to your Paxum Account.

Please note: For Wire purposes you DO NOT NEED TO CONFIRM OR VERIFY YOUR BANK ACCOUNT. Once the information is entered that is sufficient for the purpose of adding or withdrawing funds by Wire Transfer.

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