This text contains general information about the methods for withdrawing funds available on ConvertSocial.
Related articles:
- How to add withdrawal methods
- How to withdraw funds
- What is the minimum withdrawable amount?
- When will the requested funds be paid out?
The list of available withdrawal methods varies depending on the country you live in and your legal entity.
Click a withdrawal method to learn more about how it works.
Withdrawal methods and how they work
Bank transfer
Withdrawing funds to a bank account is available for individuals and legal entities from any country.
How it works
- Available currencies: USD, EUR.
- If the beneficiary bank is located in Russia, payments to the bank account are not available.
- Payments are made once a week on Fridays. A payment covers all requests created on the previous week.
Please note that a bank transfer may take one to five business days. Please contact your bank for the estimated payment date.
- ConvertSocial doesn't charge any withdrawal fee for bank transfers, but such a fee may be charged by your bank or an intermediary bank through which a transfer to your bank goes. If you want to use this withdrawal method, you might want to learn about the fee from your bank.
If the bank charges a fee for SWIFT transfers, the beneficiary pays it in full.
- Banks may charge fees both for confirmed and declined payment requests. This means that if the bank declines your request, the funds will be returned to your balance. However, your bank’s request processing fee may later be debited from your account. You can view your payment requests in the Payment requests section.
PayPal
Individuals and legal entities from different countries may withdraw funds to PayPal.
How it works:
- Available currencies: USD, EUR.
- Withdrawal fee: 2.5%.
Conversion upon withdrawal
Earnings on ConvertSocial are calculated and credited in euros.
If your withdrawal method’s currency is not in euros, funds will be automatically converted to the appropriate currency before the withdrawal.
To see the exchange rate, click the hint next to the Amount after conversion field.
Withdrawal fees
| Withdrawal method | Fee amount |
| PayPal | 2.5% |
| Bank transfer |
Request information from your bank or the intermediary bank carrying out the transfer. SWIFT fee is fully paid by the transfer recipient. Banks may charge fees both for confirmed and declined payment requests. This means that if the bank declines your request, the funds will be returned to your balance. However, your bank’s request processing fee will later be debited from your account. You can view your payment requests in the Payment requests section. |
