Adding a bank account

Good to know: You can start your fundraiser and receive donations immediately without adding a bank account. A bank account can only be added after receiving your first donation!

Dashboard > Bank account

A bank account can only be added after receiving your first donation.

You add a bank account number (private or business) in the Bank account section in your dashboard.

The bank account you add is not visible to donors.

Go to Dashboard > Bank account

There you have the following options:

1. Add your own personal bank account number (green block)
2. Add someone else's personal bank account (blue block)
3. Add a business bank account (black block)

In all cases, in accordance with applicable laws and regulations, we need to verify the bank account holder. To do this, we will be requested to submit some information.

Once verified, bank accounts are automatically linked to your fundraising campaign and payments are then made weekly. However, you can pause (temporarily) weekly payouts if you wish.

For payout information visit https://steunactie.tawk.help/en-gb/article/payout.

1. Add your own private bank account number (green block)

Click the green block Add my own bank account and follow the steps on the screen.

A number of details will be requested and some documents:

• Personal details
• Bank details
• Identity details
• Copy of valid bank card or recent bank statement
• Copy of valid passport, driving license or European identity card

After submission, these details will be verified, and you will receive feedback. Feedback from the verification process can take up to maximum 2 working days. If verified, the bank account is automatically linked to your fundraising campaign and ready for payment. If any information is missing or incorrect, you will be notified, and you can change or complete your details.

2. Add a private bank account of someone else (blue block)

It is possible to link someone else's bank account to your fundraising campaign.

Click on the blue block Add someone else's bank account and follow the steps on the screen.

Here, you can invite the bank account holder to make his/her bank account available for payout of donations from your fundraising campaign.

The invited bank account holder will be asked to follow the same registration and verification steps as mentioned above for adding his/her personal bank account. Feedback from the verification process can take up to maximum 2 working days.

You can track the status of the invitation here. Once verified, the bank account is automatically linked to your fundraising campaign and ready for weekly payout.

3. Add a business bank account (black block)

Click on the black block Add a business bank account and follow the steps on the screen.

You have 2 options here:

1. Add a business bank account (black block)
2. Add a Mollie account (white block)

1. Add a business bank account (black block)

Click Add a business bank account and follow steps on the screen.

Some company or organisation details en documents are requested or must be uploaded:

• Legal information about the company or organisation
• Copy of registration document
• Information about the UBOs (Ultimate Beneficial Owners)
• Bank details
• Copy bank card or statement

After submission, these details will be verified, and you will receive feedback. Feedback from the verification process can take up to maximum 2 working days. If verified, the bank account is automatically linked to your fundraising campaign and ready for payout. If any information is missing or incorrect, you will be notified and can still adjust or complete your data.

2. Add a Mollie account (white block)

It is possible to add your own Mollie account or, if you do not yet have a Mollie account, to sign up for one.

Mollie accounts are only accessible for business bank account holders.

With your own Mollie account, you can decide for yourself:

• which payment methods you offer to your donors
• the payout frequency
• only platform costs are deducted from the donations by Steunactie

Transaction fees are deducted directly by Mollie.

For more information on having your own Mollie account, visit the separate section on this in our Help Centre https://steunactie.tawk.help/en-gb/article/mollie-account.

For payout information visit https://steunactie.tawk.help/en-gb/article/payout.

Add foreign bank account

You can add a bank account from a large number of countries around the world. We support payouts to more than 80 countries worldwide. Payouts are made in the local currency with a few exceptions.

For more information on adding a foreign bank account and getting paid in local currency, please read the following article: https://steunactie.tawk.help/article/buitenlandse-bankrekening-niet-iban-rekeningen.

The beneficiary of the bank account (the bank account holder) must be 18 years of age or older.

Minors have the following options:

1. Use the bank account of a person who is 18 years or older for the disbursement. Use ‘Add someone else's bank account’ (blue block) and invite this person to add his/her bank account.

2. Add own bankaccount. Get permission from a parent or guardian. The parent or guardian should give written consent and attach a copy of his/her identification document to the statement. This can be requested by e-mail from Steunactie. 

You can create and start your fundraiser immediately without adding a bank account. You can add a bank account at a later stage.

However, we can only pay you if a bank account has been added and has been verified. As long as no bank account is added, donations received will be stored in your Steunactie account, are guaranteed safe in a third-party funds account and are visible 24/7 in your dashboard.

As soon as a bank account is added and verified, you will automatically be paid out weekly, every Wednesday.

This is possible by pausing the payout. Go to bank account in your dashboard and turn off Weekly payout. As soon as you want to be paid out again, you can turn this function on again. Payout will then take place on the following Wednesday.

As a platform, which facilitates monetary transactions, we have to comply with European regulations (FATF) in the area of preventing money laundering and terrorist financing.

The regulations require us to request and verify various data from users. This process is called KYC (Know Your Customer) and consists of requesting:

In the case of individuals:

• Personal data such as name, address, e-mail address and telephone number
• Proof of identity (through an identity document such as passport or driving licence)
• Bank details (by means of a copy of bank card or bank statement)

In the case of companies and non-profit organisations:

• Registration certificate of the organisation
• UBOs
• Bank details (by means of a copy of a bank card or bank statement)

Tackling money laundering and terrorist financing is of great importance for a stable and honest financial system and for effective prevention and repression of all kinds of (undermining) crime.

It is in both the interest of donors, fundraiser organisers and the platform that this control and verification takes place. It ensures a safe and reliable platform.

Of course, data is handled with integrity and care. Read our privacy policy on this subject at: https://steunactie.nl/privacy-policy