HOW TO CORRECTLY ADD YOUR BANK ACCOUNT DETAILS FOR ADSENSE WIRE TRANSFER – ZIGIHOW.COM.NG
Probably you’ve reached $10 threshold, now you’re eligible to add your bank account details for Google AdSense wire transfer. And maybe you don’t have a clue on how to do that correctly, dont worry, you’re probably in the right place. In this very article I’m going to guide you on how to correctly fill in your bank account details in your AdSense payment form using the wire transfer payment method.
Actually there are different methods of recieving adSense earning payments. And they include Below.
- Check payment Method.
- Wire transfer Method.
- Single Euro Payments Area (SEPA).
- Rapida Payment Method
- Western Union payment method
Check payment Method: This is a payment method whereby Google sends your payment cheque to your bank to enable you cash out your earnings. All check payments are issued by Citibank. If you receive checks in U.S. dollars, please inquire at your bank regarding whether they have a correspondent relationship with Citibank.
Check payments for your previous month’s earnings are issued between the 21st and the 26th of the month and can take as long as four weeks to arrive at your payment address.
Checks are only available in countries where EFT is not yet available. If you don’t see check payments as an option in your “Add a payment method” page, then it is not available in your country.
Wire Transfer Method: Also known as Electronic Funds Transfer (EFT). This is a payment method whereby your AdSense earnings will automatically be wired or deposited directly into your bank account via international wire transfer, either in U.S dollars or Euros, depending on your account currency. The reason for this is to enable quick and prompt payment to adSense publishers (bloggers). This is a fast, simple, and secure method for receiving your payments.
Single Euro Payments Area (SEPA): This Is a payment method whereby all adSense earnings are deposited, in Euros, directly into your bank account. The reason for this is to greatly speed up and simplify the payment process.
The SEPA system allows European businesses and consumers to send EFT payments to any country located in the Euro area. SEPA EFT payments directly deposit your AdSense earnings, in Euros, into your bank account to greatly speed up and simplify the payment process.
Western Union Payment Method: Western Union Quick Cash is a form of payment that allows you to receive your AdSense payments in cash using the worldwide Western Union money transfer service. Payments will be available for pick up at your local Western Union Agent the day after they are sent according to AdSense normal payment schedule. Western Union (WU) payments are currently only available to a limited number of countries.
Rapida Payment method: Rapida is a payment method for AdSense publishers located in Russia. Rapida allows you to receive your AdSense payments in cash via local post or deposited directly to your bank account or electronic wallet through the Rapida Online service.
So if you’re not an AdSense publisher from Russia, then I’m sorry this payment method is not for you. Though adSense team has plans of extending this payment method to other countries in the future.
What’s The Best Adsense Payment Method To Use?.
Well, all AdSense payment method are all Important depending on your country location. But the best payment method is Wire transfer Method/Electronic Funds Transfer (EFT). This is because it’s the fastest simple, and secure method for receiving your payments which normally arrives within 7days.
How Can I Correctly Add My Bank Account Details For AdSense Wire Transfer?
Step 1: log into your AdSense account, click on the icon on the left top bar.
Step 2: A new page will slide out, click on “Payments”
Step 3: A new page will be revealed to you. Under “How you get paid“. Click on “Add Payment Method”
Step 4: A new page will pop up, tick “Wire transfer”
Step 5: A Payment form details will be revealed to you. Fill in the form by entering your Bank account details.
Beneficial ID (optional): If you don’t have an ID, then leave this field blank, it’s optional.
Name On Bank Account: Enter your full Account name. The name must be in correspondence with the name on your bank account.
Bank Name: Enter your bank name. Example: FIRSTBANK OF NIGERIA.
SWIFT BIC: Enter your bank Swift code (If you don’t know it, call your bank customer care line to get the Swift code or visit your bank.
What is SWIFT BIC?.
Swift BIC Code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. Swift codes normal consists 8 or 11 characters. Example of FirstBank Plc Nigeria: FBNINGLA
Follow this link to see all Nigeria Bank Swift Codes.
Account Number: Enter your bank account number.
Re-type Account Number: Re-type your bank account number again.
Intermediary Bank (Ask your Bank): Ask your bank for their Intermediary code, If your bank doesn’t have it, then leave the field blank, it’s optional
What Is Intermediary Bank?.
An intermediary bank is any bank between the issuing bank and the beneficiary bank. Adding an intermediary bank to a beneficiary describes the precise path of a payment as to follow to reach a beneficiary bank account.
FFC or FBO (Ask your bank): if your bank requires for further credit (FFC) or for Benefits Of (FBO) instructions before a wire transfer is recieved, then provide the information here exactly as specified by your bank. If there is no need for this option then leave this field blank, it’s optional.
This is an example on how I filled in mine.
Step 6: Tick “Set this form of payment as primary“ (This is very important). Then Click the SAVE button
This is how your AdSense payment form looks like after entering and saving your bank account details.
Congratulations you’ve successful added your bank account details to your Google AdSense for wire transfer payment.
You Can Reschedule Your Adsense Payment Schedule.
Adsense allows publisher to adjust their payment schedule which is already $100 minimum payout to any minimum payout of your choice Ranging from $100 above.
Adsense publishers are also allowed to reschedule their payment payout Month, Date, and Year.
Payment threshold is the minimum amount payout in Google AdSense earning. Minimum payment threshold differce by currencies.
- U.S. Dollar $100
- Euro €70
- British Pound £60
- Yen ¥8000
- Australian Dollar A$100
The most recommended, best and fasted form of payment in Google AdSense is wire transfer payment method or Electric funds transfer. This is because it is fast, safe, and secure. As a blogger or AdSense publisher, you wouldn’t like your payments to be delayed right? So if you’re seeking for fast and prompt payment wire transfer payment method is the best choice.
While filling the AdSense payment form, under Intermediary Bank, FFC and FBO, if your bank doesn’t have the details to enable you fill in the space, then don’t work yourself up, you can leave the field blank or empty it’s optional. The most important thing is to correctly fill in your bank account details (Name on bank account, account name, account number and your bank Swift code).
The last but not the least, never forget to tick the “Set this form of payment as primary“, before you click the Save button. The reason for this is to tell Google that this is the account you want to receive your payments with.