Tag: ACH

Payment not received yet; what are the delays per payment methods?

The actual payment may, or may not, occur on the scheduled payment date, depending on the method.

Here is an approximation, for each of our payment methods:

ACH: For Canada/US*, Up to 1 business day, or more. Other countries, 1 – 10 business days
Check: Canada – up to 1 week; US /International – minimum 1 week
Paxum: Usually same day, up to 48h (2 business days)
PayPal: Usually same day
Wire: 1 – 10 business days,

You can always check out this article for more information on payments.

Just remember these do not reflect additional delays that may be caused due to unforeseen circumstances otherwise out of our control, as a result of, but not limited to, local laws, bank processing standards, additional verification, shipping times, local holidays, server status, and check shipping times.

*Any transfer to accounts ultimately linked to Payoneer accounts will be returnedAdditional delays may apply. To avoid these delays, we suggest a new payment method or ACH account be added immediately, if possible.

Is your e-wallet, banking information, or address, listed under someone else’s name? Your best bet would be to check with that individual. They may know more than we do since it’s their account we’re talking about! Remember we cannot be responsible for the funds following the completion of a payment, especially if the account is for someone else.

Read more:

What is the minimum payout and the terms of payment?

Cashing / depositing CrakRevenue’s check

Are there any payment restrictions?

Where can I see my paid amount and my payment history?

What is an ACH Payment and how does this Payment Method work?

ACH stands for Automated Clearinghouse: an international payment delivery system.

ACH allows you to automatically receive your CrakRevenue payment in the local currency of your bank. Your bank account currency must match the country currency listed under your ACH Billing Information.

Regardless of your chosen currency, every payment will be issued in USD initially, and shown in USD on CrakRevenue’s platform.

The fixed CrakRevenue fees for ACH are 2$ .

That said, CrakRevenue is not responsible for any currency exchange fees applied to your payment by our service provider.

Below are the countries and currencies available for ACH payment:

Country Currency
Australia AUD
Austria EUR
Belgium EUR
Bulgaria EUR
Canada CAD or USD (bank account currency must match)
If your bank’s institution number only has 3 digits, please add a 0 at the beginning to meet the 4 digits requirement (e.g., 0XXX).
Croatia EUR
Cyprus EUR
Czech Republic EUR
Denmark EUR
Estonia EUR
Finland EUR
France EUR
Germany EUR
Greece EUR
Hong Kong HKD
Hungary EUR
Iceland EUR
Ireland EUR
Italy EUR
Latvia EUR
Liechtenstein EUR
Lithuania EUR
Luxembourg EUR
Malta EUR
Monaco EUR
Netherlands EUR
New Zealand NZD
Norway (EUR) EUR or NOK (bank account currency must match)
Poland EUR
Portugal EUR
Romania EUR
San Marino EUR
Singapore SGD
Slovakia EUR
Slovenia EUR
Spain EUR
Sweden EUR
Switzerland EUR
United Kingdom EUR or GBP (bank account currency must match)
United States USD

 

IMPORTANT: Be sure to have on hand, and verify, all beneficiary and bank account details before setting this method. Any successful transfers to others (beneficiaries) are considered final, and we cannot be held responsible for the delay or loss of those funds thereafter.

Payoneeer:
Transfers to these accounts through First Century Bank, or others, will not complete. We suggest a new payment method or ACH account be updated immediately, if possible.

 

 

Read more:

What is the minimum payout and the terms of payment?

Cashing / depositing CrakRevenue’s check

Are there any payment restrictions?

Where can I see my paid amount and my payment history?