{"id":8832,"date":"2026-10-20T09:40:00","date_gmt":"2026-10-20T07:40:00","guid":{"rendered":"https:\/\/www.1pay.ch\/docs\/bank-account\/"},"modified":"2026-11-06T09:09:14","modified_gmt":"2026-11-06T08:09:14","password":"","slug":"bank-account","status":"publish","type":"docs","link":"https:\/\/www.1pay.ch\/en\/docs\/bank-account\/","title":{"rendered":"The bank account for your payouts"},"content":{"rendered":"<p>You manage the account that receives your <a href=\"https:\/\/www.1pay.ch\/en\/docs\/payouts-schedule\/\">payouts<\/a> under <strong>Settings &gt; Payout settings<\/strong>.<\/p>\n<h2>Adding or changing the account<\/h2>\n<ol>\n<li>Open <strong>Settings &gt; Payout settings<\/strong>.<\/li>\n<li>Click the option to add an account for payouts.<\/li>\n<li>Choose the account currency and the bank&#8217;s country (for CHF accounts: Switzerland or Liechtenstein).<\/li>\n<li>Enter the BIC, <strong>Account holder name<\/strong> and IBAN.<\/li>\n<li>Save.<\/li>\n<\/ol>\n<h2>The rules to follow<\/h2>\n<ul>\n<li>The account must be in the name of whoever holds the 1pay.ch account: the person for sole traders, the company for limited companies, the association for associations.<\/li>\n<li>The holder&#8217;s name must match exactly the one registered with the bank, otherwise the bank may reject the transfer.<\/li>\n<li>A QR-IBAN cannot be used.<\/li>\n<\/ul>\n<h2>Several currencies<\/h2>\n<p>You can have one account per currency: CHF, EUR, GBP and USD. You then choose the <strong>Default currency<\/strong>.<\/p>\n<ul>\n<li>If you take payments in a currency for which you have no account, the amount is converted to the default currency at the day&#8217;s rate, with a 2% conversion fee.<\/li>\n<li>For Pay Plus payouts in USD to an account outside the United States, a 1% fee is added.<\/li>\n<\/ul>\n<p>If you often take payments in euros, an EUR account saves you money.<\/p>\n<h2>The payout description<\/h2>\n<p>Under <strong>Payout description<\/strong> you choose the text that appears on your bank statement, such as \u00ab1pay Shop\u00bb. For Pay Plus payouts only the first 22 characters count, for Pay up to 140.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You manage the account that receives your payouts under Settings &gt; Payout settings. Adding or changing the account Open Settings &gt; Payout settings. Click the option to add an account for payouts. Choose the account currency and the bank&#8217;s country (for CHF accounts: Switzerland or Liechtenstein). Enter the BIC, Account holder name and IBAN. Save. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"doc_category":[206],"doc_tag":[],"class_list":["post-8832","docs","type-docs","status-publish","hentry","doc_category-payouts-and-reports"],"acf":[],"year_month":"2026-11","word_count":223,"total_views":0,"reactions":{"happy":0,"normal":0,"sad":0},"author_info":{"name":"1pay.ch","author_nicename":"1pay_admin","author_url":"https:\/\/www.1pay.ch\/en\/author\/1pay_admin\/"},"doc_category_info":[{"term_name":"Payouts and reports","term_url":"https:\/\/www.1pay.ch\/en\/docs-category\/payouts-and-reports\/"}],"doc_tag_info":[],"knowledge_base_info":[],"knowledge_base_slug":[],"_links":{"self":[{"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/docs\/8832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/comments?post=8832"}],"version-history":[{"count":5,"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/docs\/8832\/revisions"}],"predecessor-version":[{"id":9675,"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/docs\/8832\/revisions\/9675"}],"wp:attachment":[{"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/media?parent=8832"}],"wp:term":[{"taxonomy":"doc_category","embeddable":true,"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/doc_category?post=8832"},{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/www.1pay.ch\/en\/wp-json\/wp\/v2\/doc_tag?post=8832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}