Add your payout account

Add the bank account LtvAdx pays your earnings into, change it safely and understand the alerts about a missing or changed account.

LtvAdx pays your earnings to a bank account you enter on the Revenue page. A payout cannot be approved without one, so add it before your first payout is made up.

Before you start

• You need an owner, admin or finance seat. Other seats see "Only owners, admins and finance can change the payout account."
• You cannot change the account while someone from LtvAdx is acting as you. The page says "Bank details cannot be changed while acting as the user."
• A suspended account cannot change its payout account. An account that is not yet active can add one. See Account status.
• Payouts are in USD.

Steps

1. Open Revenue and scroll to Payout bank account.
2. Fill in Beneficiary name, Bank name, Account number and IFSC / SWIFT / routing code. These four are required.
3. Add Legal name (optional), Tax id (optional) and Country (optional) if finance should hold them.
4. Select Save bank account.

The account number can contain 6 to 34 letters or digits. Spaces and hyphens are removed.

What happens next

The page says "Saved. Any approved payout goes back for approval, to be paid to this account." Above the form it then shows what is on file: the beneficiary, the bank and the number as its last four digits only. Your dashboard tile "Payout account" changes from Missing to On file.

The account number is stored encrypted. Staff see only the last four digits. LtvAdx finance opens the full number only to make a transfer, and each time is logged. The tax ID is kept the same way, for finance's records. The page does not withhold tax.

Change the account

Enter every field again and select Save bank account. The form does not show the old number, so a partly filled form is refused. When the account changes:

• LtvAdx finance gets an alert to check it before paying.
• Your owner, admin and finance seats get the alert "Your payout account was changed". It says: if this was not you, contact LtvAdx at once and remove the seat that did it.
• Every approved payout goes back for approval, and unpaid payouts show the new account.

Alerts

• "Add your payout account". A payout is waiting and LtvAdx has no bank account for you. Add one. This alert reaches owners, admins and finance seats.
• "Your payout account was changed". Check it was you. If not, see above.

If something goes wrong