Funding methods are the options available to receive and send payments. Veem offers a variety of funding methods for our clients depending on their location.
To add/update the current funding method linked to your Veem account:
Step 1: Please Log in to your Veem account then go to settings.
Step 2: Under settings, please go to the Funding tab.
Step 3: Under the funding tab, please click on the button to "Add Funding Method"
Step 4: Please select the new funding method you'd like to add to your Veem account
NOTE: Currently, clients located in the US only have the option to add a debit card, credit card and/or an instant deposit card. Clients located outside the US have the option to update their bank account only.
- Only one bank account can be linked with a Veem account. However, clients have the option to update their banking details.
Step 5: Please select the new funding method, fill in the details, then save the details.
Step 6: Thereafter, under Funding, please navigate to Funding routes, to update the default sending or receiving account.
- To select the default account used for sending payments; locate the Default sending account drop-down menu then select the preferred funding method.
- To select the default account used for receiving payments; locate the Default receiving account drop-down menu then select the preferred funding method.
That's it! Apart from the funding method outlined above, clients can also opt to activate and use their Veem wallet as an alternative funding method. To learn more about the Veem wallet, please click here.
NOTE: The preference will apply to future payments, inprogress payment will continue with the original selection.
Still need help? You can chat or call our Customer Support team here.