Complete ID and Bank Verification to receive payment

Complete verification to receive payment

After signing your service agreement, you must provide ID verification and provide your company’s payment and business information before receiving payment via Easol.

Our Support team will contact you via email to complete ID verification and bank details prior to your first payout. This is required to ensure Easol meets industry guidance and codes of practice around initial payments and to protect both you and Easol.

1. Complete ID verification

Our Support team may follow up with any questions from the information you submitted and also to verify your identity. To do this, you will need a valid photo ID and a recent photo of yourself.

2. Bank verification

The final step is verifying your bank details after you’ve received your first transaction. Ensuring your bank account information is correct beforehand helps avoid payout delays.

Trading address

1. In your Easol dashboard, go to Settings > General.
2. Under Trading Address, provide your company’s street address, zip/postcode, town/city, and country.
3. Click Save.

Bank details

1. In your Easol dashboard, go to Settings > Payments.
2. Under Bank account, click Manage bank account.
3. Enter your bank account details: name on the account, country, currency, account number, routing number, SWIFT code, and bank name.
4. Click Add bank account to save.

Finally, to verify your bank details, we’ll need one of the following documents:

Option 1: Bank Confirmation Letter (preferred)

A formal letter from your bank verifying your account details. This can often be downloaded directly from online banking.

Option 2: Bank Statement

If a confirmation letter isn’t available, a bank statement showing your account information (top section only) will also work. You’re welcome to redact transaction details.

When do I get paid?

Once the steps above are complete, any payments taken through Easol will be issued every Friday, after deduction of processing and platform fees. A minimum balance of £100 is required for a payout. You’ll also receive a weekly financial statement and commission invoice from accounts@easol.com.

Learn how your funds are protected here.