RecipientsRecipients
Businesses that will receive fiat payments.
Overview
A recipient is a business entity that will receive a payout. It represents the destination where funds will be sent. You need to attach a bank account to a recipient to send a payout.
Create a recipient
To create a recipient, you need to provide the company name an email and a bank account.
Lideflow support 3 types of bank accounts:
Lideflow support 3 types of bank accounts:
- 1. US Bank Account
A US bank account is a bank account that is located in the United States. You must provide the routing number and the account number.
- 2. Non US Bank Account - IBAN Supported
A non US bank account is a bank account that is located in a country that is not the United States and supports IBAN. You must provide the iban.
- 3. Non US Bank Account - IBAN Not Supported
A non US bank account is a bank account that is located in a country that is not the United States and does not support IBAN. You must provide the account number, the routing number wich represents The bank's SWIFT / BIC code.
The choice of the bank account type will impact the payout process duration. For US bank accounts, the payout process is faster. We strongly recommend using a US bank account for your recipients.