The Veem Wallet can be used as an alternative receiving account for USD transactions, for clients with active and verified Veem accounts. Thus, clients can opt to receive funds in USD directly to their wallets. The first instep to achieve this is by activating the Veem Wallet first.
Once activated, to receive funds in the Veem Wallet:
Step 1: Please begin by navigating to the account settings on the dashboard
Step 2: On the settings page, please go to the Funding tab.
Step 3: Under Funding routes, locate the receiving account drop-down menu on the bottom of the page, then select the Veem Wallet.
Step 4: Once the Veem Wallet is active and set as the default receiving account, new payments in USD are directly deposited into the Veem Wallet.
NOTE: All transfers made in the local currency will continue to be deposited in the bank account linked to the Veem account.
Still need help? You can chat or call our Customer Success team here.