If you choose to have your funds deposited on your bank account, Lionbridge may initiate a direct deposit or a standard bank wire transfer:
We offer Direct deposit in the following primary scenarios:
|JPY||Japan (if paid locally, pre-arranged with Community Management)|
|KRW||Korea (personal bank accounts only)|
Direct deposits allow Lionbridge partners to minimize and sometimes avoid transfer fees.
Standard Bank Wire Transfers
We offer Wire transfers in all other cases. Wire transfers may take 3 to 5 business days. Please log a Support Request if you believe there may be an issue with your bank transfer.
Here are some tips on how to reduce potential fees:
- Bundle invoices together
- Negotiate banking fees with your bank or look around at other banks, including local ones, to see who may have a better option for your situation
- Choose a different Payment Method like Payoneer, a virtual bank issuing payments in USD, or PayPal
How to Select Bank as your Selected Payment Method
You may enter your Bank details under your profile. Simply go to the PAYMENTS menu > My Finance Details > Payment Details tab. Mandatory fields are marked with an asterisk (*). Make sure to check the box “My Selected payment method is Bank” at the bottom of the form.
After verifying your banking information, click on the green button “Save Bank Changes”. To verify your “Active payment method”, you can always go to Payment Details. Your current “Active payment method” is called out in green.
Removing Bank Details
The button “Remove Bank Details” allows to clear your Bank information from our systems.
Please note: Deleting your finance details utilizing the Backspace or the Delete key of your keyboard DOES NOT remove your details from our servers. Please make sure to click on the button “Remove Bank Details”.