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How to transfer wallet funds to my bank account?
How to transfer wallet funds to my bank account?
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Written by Remi Giudicelli
Updated over a week ago

If you're looking to transfer funds from your CargoWALLET to your designated bank account, our Pay Out feature makes the process seamless.

Before You Begin

Before requesting a Pay Out, ensure you've completed the following two essential steps:

  1. Submit Your Bank Account Information

    • Ensure your bank account details are submitted in your CargoWALLET account.

  2. Complete KYB (Know Your Business) Process

How to Request a Pay Out

Ready to request a Pay Out? Follow these simple steps:

  1. Log into your CargoWALLET account

  2. Click on the Pay Out icon

    • Note: The Pay Out feature is currently in progress. Until it is ready, you can make Pay Out requests via email to cargowallet@cargoai.co.

Set Your Pay Out Frequency:

  • Customize your Pay Out schedule. Choose regular intervals (e.g., weekly or daily) or set triggers for when your CargoWALLET balance reaches a specific threshold.

    You can refer to the article Setting Up Automatic PayOuts.

Requesting a Pay Out is a convenient way to transfer funds from your CargoWALLET to your bank account. Keep an eye out for updates on the Pay Out feature. In the meantime, you can easily request a Pay Out via email.

Remember to complete the KYB process for your first request.

If you have any questions or need assistance, our support team is here to help at support+wallet@cargoai.co.

We hope you find this article useful!

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