Veem is introducing the ability for funds to be automatically deposited into a first-time Payee's bank account, where they are not required to sign up for a Veem account to accept the payment.
From your dashboard, using the Veem Payment Tracker, you can see when a payment has been accepted and will be deposited claimlessly.
Disclaimer: Claimless Payments are not guaranteed.
- If a recipient is on any sanctions match list, the payment will not go claimless.
- If any recipient information is missing or cannot be verified by Veem, the payment will not go claimless and will need to be accepted by the receiver.
From your dashboard, go to your Transactions view.
Click the transaction you're inquiring about to open and view the tracker.
If the payment has been VERIFIED and APPROVED as a Claimless Payment, the payment will go straight to the Pending Verification stage, followed by transfer stages. Your tracker should look like this:
If the payment is NOT APPROVED and requires further verification by Veem, the payment will go to the Pending Acceptance by stage. The receiver will need to sign up for a Veem account in order to be verified and complete the transaction. Your tracker should look like this:
Still need help? You can chat or call our Customer Success team here.