# Bank accounts (/store/finances/bank-accounts)







Pandabase pays out to the bank accounts you connect under **Finances → Bank Accounts**. You can have multiple accounts on file and mark one as **Primary** to use by default.

<img alt="Bank Accounts page in the merchant dashboard" src="__img0" />

## Adding an account [#adding-an-account]

Click **+ Add Account** and fill in your bank details. The form adapts to your store's country — US merchants enter an ABA routing number; UK accounts use sort codes; EU/EEA accounts use IBANs; and so on.

<img alt="Add US Bank Account panel" src="__img1" />

<Callout type="warn">
  The bank account **must belong to the verified account holder** for your Pandabase account, in the country you're verified in. Payouts to mismatched accounts will fail and the funds will be returned, but the process can take days.
</Callout>

<Callout type="warn">
  The bank account's country **must match the country of the ID** you verified with. For example, if you verified with a US ID, you can only connect a US bank account.
</Callout>

### Fields by country [#fields-by-country]

| Country   | What you need                                            |
| --------- | -------------------------------------------------------- |
| US        | Account number, 9-digit ABA routing number, account type |
| UK        | Account number, 6-digit sort code                        |
| EU / EEA  | IBAN                                                     |
| Canada    | Account number, transit number, institution number       |
| Singapore | Account number, bank code, branch code                   |
| Turkiye   | IBAN, SWIFT/BIC code                                     |
| Other     | IBAN or local equivalent — SWIFT for international rails |

Select **Set as default payout account** to make this your primary account. The previous account stays connected.

## Verification [#verification]

New accounts enter an **In Review** state for **2 to 3 business days** while we verify the details with your bank and run compliance checks. You can't request payouts to an account during the review.

Once approved, the status changes to **Approved** and the account is eligible to receive payouts.

### First payout waiting period [#first-payout-waiting-period]

Your **first payout** to any newly approved account has a **7 to 14 day waiting period** before settlement. This hold reduces payout risk and applies to every new account, including replacements.

## Managing existing accounts [#managing-existing-accounts]

From the row's options menu you can:

* **Set as primary** — promote a different account to default.
* **Edit** — update non-identifying fields (label, preferences). Account/routing numbers can't be edited; remove and re-add to change them.
* **Remove** — disconnect the account. Pending payouts to that account aren't affected; new requests can't target it.

You always need at least one approved account on file to receive payouts.

## Currencies [#currencies]

Each bank account has a settlement currency tied to its country — USD for US, GBP for UK, EUR for EU/EEA, and so on. Your store's balance is in USD; payouts are converted to the destination currency at request time, and the FX rate is included in the fee breakdown shown before you confirm.