bank account details for an Agency ?

[Satinder P]

Hello Everyone,

currently i have a freelancer account and created a agency as well.

1)  my question is for payment method,

what Bank Details need to submit, will my personal Bank account will work ?

2) currently i have people under me, not any Certified Company ?

do i need to to approve company from Local Govt and submit certificate ?

3) do all members of Agency need to do video verification with Upwork's agent ?

thanks & regards

[Avery O]

Hi Santinder, 

Please see my answer below to your questions: 

1. Yes, your personal bank account can be used to accept payments for your agency. 
2. I am not privy to the rules of establishing a company in your country. I would suggest that you check this with your local governement to make sure that you meet the guidelines. 
3. If the team finds it necessary for the freelancers listed under your agency to do the video-chat verification, they will need to complete it. 

Here's a help article link to help you manage and start your Agency on Upwork. 

[Arnov C]

Hi Avery,

I want to take paymen in agency. I don't own the agency, its registered in someone else's name. Can I put the agency bank account details?

If so, Whose name should I put in first name and last name (after the account type)? will it be mine or owner of the agency. 

Thanks

Arnov

[Aleksandar D]

Hi Arnov,

I shared your concern with the rest of our team and one of our agents will reach out to you directly via a support ticket to assist you further.

Thank you.

[Manju A]

Hello, 

currently I'm using my personal bank account for my agency payments. 

My question:

Can I replace my agency bank account with other person bank account (ex..my sister or brother)

any help is apperciated...

Thanks

[Lanie M]

Hi Manju,

Unfortunately no, you can only use a bank account under your own name or under the agency company name.

[JIJO g]

Hi, I have an agency in Upwork and have an exclusive member of the agency. So is it possible to add an extra bank account on his name in my agency? so that will ease to transfer money to his account.

[Avery O]

Hi JIJO, 

The agency payment methods will need to be under the Agency Owner's account, or the Agency's name (if, for example, the Agency is registered as a business, and you have a bank account under the business name).