What is Instant Deposit?

Instant Deposit is an alternative way to receive payment through Veem, where funds get deposited straight to the receiver's debit card the same day, generally within a few hours, or at most, the next day, after the payment has been verified.

Starting December 8th, 2022, this feature will also be available for all accounts located in the countries currently supported by Veem excluding Australia, Bahamas, Barbados, Brazil, Canada, Hong Kong, Japan, Korea (South), Netherlands, Taiwan, Trinidad & Tobago. The card used to receive payments needs to be an active debit card.

For instructions on how to set up Instant Deposit, visit the how do I set up Instant Deposit help article.

Still, need help? You can chat or call our Customer Success team here.