How To Transfer Money From Fiverr To Bank Account

Introduction.

If you’re a freelancer or a seller on Fiverr, one of the most important steps is knowing how to get your hard-earned money into your bank account. After all, getting paid for the work you do is what keeps things running!

Fiverr has made it pretty easy for sellers to receive payments, but the process of transferring that money to your bank account can sometimes be a bit confusing.

I’ve been there, and I know how tricky it can feel at first. That’s why I’ve put together this guide to walk you through how to transfer money from Fiverr to your bank account with ease.

If you’re wondering about the options available, how to get started, or any hidden details in the process, you’ve come to the right place!

Let’s dive into the details, so you can start withdrawing your earnings without the stress.

Why It’s Important To Know How To Transfer Money From Fiverr To Your Bank Account

Before we jump into the “how-to,” let’s take a moment to understand why knowing this process is so crucial.

Fiverr is a massive platform with millions of freelancers and buyers, and it’s a great place to offer services or find work. But getting paid is the bottom line, right?

For most people, Fiverr payments are deposited into a Fiverr account balance, not directly into your bank.

Once the funds are there, you can either use the balance for other Fiverr services or transfer it to your bank.

Without a clear understanding of how to get that money into your hands, it can be frustrating when you need cash for something else, like paying bills or investing in your business.

Knowing how to transfer your Fiverr earnings to your bank account ensures that you have quick access to the money you’ve worked for, and it keeps your financial life organized. Plus, it’s easy to do once you know the steps.

Now, let’s break it down!

How Do I Transfer Money from Fiverr to Your Bank Account?

There are a few simple steps involved in getting your Fiverr earnings into your bank account. I’ll walk you through them one at a time.

1. Link Your Bank Account to Fiverr

Before you can transfer money, you need to have your bank account linked to your Fiverr account. If you haven’t done this yet, here’s how:

Go to your Fiverr profile and click on your profile picture at the top right corner.
Select “Settings” from the drop-down menu.
Click on the “Billing” tab.
Scroll down to the “Payment Methods” section.
Choose “Bank Transfer” and follow the instructions to link your bank account. You’ll need to provide your bank account details (account number, routing number, and sometimes SWIFT/BIC code, depending on your country).

Once you’ve linked your bank account, you’re good to go!

2. Withdraw Your Earnings

After you’ve completed a job and the payment clears (this can take a few days), your money will appear in your Fiverr balance. Here’s how to withdraw it to your bank:

Go back to your Fiverr profile.
Click on your profile picture again, and go to “Selling” > “Earnings”.
On the Earnings page, you’ll see your available balance.
Click “Withdraw” next to your balance.
Choose “Bank Transfer” as your withdrawal method.
Enter the amount you want to transfer and confirm.

That’s it! Fiverr will send your funds to your bank account in a few business days.

3. Wait for the Transfer to Process

Once you’ve submitted the withdrawal request, Fiverr will begin processing the payment. Depending on your location and your bank’s processing times, this can take anywhere from 2 to 7 business days.

Don’t worry if you don’t see the funds immediately—it’s completely normal for transfers to take a few days to process.

Fiverr doesn’t charge a fee for bank transfers but keep in mind that your bank may have its own processing fees for incoming transfers, depending on your location. It’s always a good idea to double-check with your bank if you’re unsure.

4. Check Your Bank Account

After a few days, check your bank account to confirm that the transfer has gone through. If you don’t see it after a week or so, you might want to contact Fiverr’s support team to track it down.

Alternative Withdrawal Methods on Fiverr

While bank transfer is a popular option, Fiverr also offers other methods to receive your money. Here are a few alternatives you can consider:

PayPal: If you have a PayPal account, this might be the fastest method for you. PayPal withdrawals are often completed within a few hours, which is super convenient if you need the money quickly.
Fiverr Revenue Card: Fiverr also has its own prepaid card (Fiverr Revenue Card), which you can use to withdraw your earnings or make purchases directly from your Fiverr balance. This can be a great option if you need to access your funds fast.
Direct Deposit (for US residents): If you’re based in the US, Fiverr offers the option of direct deposit to your US bank account. This method is typically faster than traditional bank transfers.

Each method has its own set of pros and cons, so consider what works best for you based on speed, fees, and accessibility. But for most people, the bank transfer method is the most straightforward and secure option.

FAQs

How long does it take to transfer money from Fiverr to my bank account?

Typically, it takes 2 to 7 business days for the transfer to process. It can vary depending on your bank and location, so don’t be alarmed if it takes a little longer.

Are there any fees for transferring money to my bank account?

Fiverr does not charge fees for bank transfers. However, your bank may charge fees for receiving international transfers. It’s a good idea to check with your bank to confirm any potential charges.

Can I transfer funds to my bank account if I have pending orders?

No, you can only withdraw funds that are marked as available in your Fiverr balance. If you have pending orders or withdrawals, they will need to clear before you can access the money.

Can I withdraw money from Fiverr to a bank account outside the US?

Yes! Fiverr supports international bank transfers, so you can withdraw money to your bank account no matter where you are. However, make sure you have all the correct details (like SWIFT/BIC codes) for international transfers.

What should I do if I don’t see my funds in my bank account?

If your transfer takes longer than expected, reach out to Fiverr’s customer support. They can help track the payment and ensure it reaches your bank.

Conclusion.

Getting paid on Fiverr is a great feeling, but knowing how to transfer that money to your bank account is just as important.

Now that you’ve got a better understanding of the process, it’s all about ensuring you’ve got your payment methods set up properly, so you never miss out on your hard-earned cash.

Have you successfully transferred money from Fiverr to your bank account yet, or are you ready to give it a try now? Let me know in the comments!