---
title: "How do I add a bank account for payouts?"
description: "Add a payout account with its IBAN in the dashboard. Every new bank destination is reviewed once before its first use, as a security check against fraud."
url: "/docs/payouts/how-do-i-add-a-bank-account-for-payouts/"
category: "Payouts"
---

You add a payout account under **Payout methods** (or **My payout accounts**) by entering the account's **IBAN** and details. Every new bank destination is **reviewed once before its first payout** — a deliberate security step so money can't be diverted to a bank account that was added fraudulently.

## Add an account

1. Go to **Payout methods** and add a new account.
2. Enter the **IBAN**. An IBAN is required for every currency; a BIC/SWIFT code is usually optional. Fynex checks the format as you enter it, so a mistyped IBAN is caught immediately.
3. Save. The account is submitted for a one-time review.

## Why the review

Approving a bank account "enables real money movement" to it, so each new destination is checked first. Until it's approved, the account shows as **pending approval** and can't receive a payout. This is a one-time step per account — once approved, it's ready to use for future payouts. See [Why is my new payout account "pending approval"?](/docs/payouts/why-is-my-new-payout-account-pending-approval/)

## Related

- [Which currencies can I pay out in?](/docs/payouts/which-currencies-can-i-pay-out-in/)
- [Why is my payout pending or on hold?](/docs/payouts/why-is-my-payout-pending-or-on-hold/)