How to add or edit a bank account as a contractor

Contractors need to add a deposit method to their account in Remote in order to receive payments. In this article, we will show how contractors can add or edit their bank account in Remote.

In order to add a bank account as your deposit method:

1. On your Remote dashboard, click on the Deposit methods tab.
2. Click on Add deposit method:
   
   
   
3. Choose your preferred currency based on your country of residence.
4. Fill out your bank account then click on Add bank account (depending on where you and your client are located, you may also be required to verify your bank account via 2-step verification).

Please ensure the name on your bank account matches your legal name in your Remote account. If your bank account name does not match your profile, you will be asked to provide the reason for the mismatch and supporting documents (e.g., legal name change, marriage, divorce, joint account or other). You may proactively upload documentation confirming the reason for the mismatch to avoid payment delays.

Note: If adding a business bank account, please provide a supporting document showing your ownership interest in the business. You must be an Ultimate Beneficial Owner of a business to utilize their account for payouts at Remote. Depending on your business type and jurisdiction, the supporting document could be articles of association, shareholder documents, an organisational chart, or a UBO registry extract. Failure to provide this document could result in further verification requests or payment delays.

Edit bank account details

If you need to change your bank account details on Remote:

1. Go to the Deposit methods tab.
2. For the specific account you want to make changes to, click on the three-dot menu, then Edit account. This will allow you to make changes to your bank account:
   

Note: It is essential that the bank country selected matches the location of the bank account. For example, if your bank account is located in Austria, the bank country should also indicate Austria. You can refer to the bank account confirmation letter provided by your bank or check the address of the bank’s swift code or routing number.

See also:

• How to set up your Stripe Connect account
• How to assign a deposit method to an invoice schedule