Keeping your banking details current is essential to ensure smooth transactions and uninterrupted payments, especially when working with platforms like The Folklore. Updating your information helps avoid payment delays and ensures your financial operations run efficiently.
Steps to Update Your Banking Details
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Log in to Your Account
- Visit The Folklore dashboard.
- Enter your email and password to access your account.
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Navigate to Settings
- Click on the Account Setting icon in the navigation menu on the bottom left side of the dashboard.
- Select Bank and Payments.
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Update Banking Information
- Enter your updated bank account number, tax ID, or any other relevant banking details that may have changed.
- Ensure all information is accurate to avoid discrepancies.
Compatible Bank Accounts
If your bank is located in one of the eligible countries, Stripe will be used for fund transfers:
(U.S., Canada, Australia, and many more – see the full list below).
- Log in to your account.
- Click on Bank and Payments under Account Settings.
- Add your bank account number, routing number, country, and business tax ID (EIN).
- Click Save Changes to finalize registration.
Incompatible Bank Accounts
If your bank is not listed among the eligible countries, use the Bank Account Deposit Form for fund transfers.
Please note: This process may take 3-4 business days longer than Stripe.
Eligible Countries
The following countries support compatible payments via Stripe:
U.S., Canada, Australia, Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Israel, Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Croatia, Dominican Republic, Egypt, Hungary, Iceland, India, Indonesia, Liechtenstein, Mexico, Paraguay, Peru, Thailand, Trinidad & Tobago, Uruguay.
Best Practices for Updating Banking Details
- Double-Check Accuracy: Ensure all bank account numbers, tax IDs, and other financial details are entered correctly to avoid errors that could lead to payment delays.
- Secure Environment: Always ensure you’re on a secure, trusted platform (like The Folklore) when updating sensitive information.
Ensuring Secure Transactions
Keeping your banking details up to date ensures smooth payment processing and protects your brand’s financial transactions. By regularly updating your banking information, you’ll avoid disruptions and ensure efficient operations with The Folklore.