Profile PictureGumroad

Local bank account support in more countries

Gumroad creators from Peru, Argentina, the Philippines, Mexico, Sweden, Romania, Trinidad and Tobago, Israel, the UAE, Croatia, Hungary, Bulgaria, Denmark, Thailand, and South Korea can now connect a local bank account and get paid directly.

Previously, a PayPal account was required–which meant additional transfer and international fees. Now, all you need is a local bank account and you can start selling and accepting credit payments on Gumroad.

Note: creators in the UAE are required to have a business bank account. We are working on supporting Indian business accounts and Brazilian individual bank accounts next.

175 comments

Current user avatar

Comment author avatar
RONEN

Pleas consider adding the Dominican Republic. Integration by SWIFT should be fairly straight forward.

Comment author avatar
Void

¡Excelente!

Comment author avatar
Dauren

I would like to get money to my local bank account

Comment author avatar
3Dimentional

Any plans for Ecuador?

Comment author avatar
Michael @TrillTayo

👏🏾👏🏾👏🏾 reasons why i love gumroad

Comment author avatar
rinconelloinc

This update is amazing, but please if you guys can consider to let users choose what payment method use, because I clicked the "switch to local bank from PayPal" just to try and see and now I can't go back to PayPal again.

Comment author avatar
KPT Hippo

They say now it's irreversible and refuse to change it back to paypal!!

Comment author avatar
Kachima / Previous Monthly Stock

Me too.. same problem .

Comment author avatar
NotionFlows

Please consider adding Aruba.

Comment author avatar
Roberta Vigilance

This is cool. Congratulations on a big achievement.

Comment author avatar
jadetola@gmail.com

When will Nigerian bank accounts be enabled to receive payments from Gumroad?

Comment author avatar
mikylaster@yahoo.com

I support this as well. We need Nigerian local banks as well is paystack

Comment author avatar
bamanimax

yes we need nigerian local banks, payoneer as well

Comment author avatar
Digital Ocean

Exactly! Please add 🇳🇬 the giant of Africa

Comment author avatar
Chris Amehson

I support the addition of the giant of Africa

Comment author avatar
Zifichai

Please consider adding Colombia.

Comment author avatar
ALF Informational Resources Ltd

Thank you

Comment author avatar
Pro Brushes by LuanaWosiack 

Consider Chile too! :( Thank you so much for the updates!

Comment author avatar
Wisdom

hehehe

Comment author avatar
Fırat Demirel

What about Türkiye?

Comment author avatar
Blogger Store

Dear, Gumroad team please add India country. 😑🥺🥺

Comment author avatar
Naj

Please consider adding Brunei Darussalam.

Comment author avatar
Hephzibah Oyetunde

When will Nigerians be able to do the same?

Comment author avatar
Digital Ocean

Exactly what's on my mind! Please add 🇳🇬 the giant of Africa

Comment author avatar
Shrenik Raj

Please consider adding individual Indian accounts. It's a huge market!

Comment author avatar
Jason Go

Gumroad you need to allow Philippine-based accounts to use PayPal payouts! No Filipino Gumroader will want local bank payouts because our banks in the Philippines are fee monsters! Unlike other countries, we want PayPal and Payoneer more. I recently talked to Gumroad support as I accidentally shifted from PayPal to direct bank payouts. They said they can't revert to PayPal payout to my account! This is NOT GOOD because local bank payouts is too costly compared to PayPal->GCash payout! As a Filipino Gumroader this is BAD NEWS. International transfers using SWIFT to Philippine banks is VERY costly. BDO and BPI charges around $4 while UnionBank charges $10! Plus they also charge Php 0.60 per Php 200 of remittance! With PayPal we can transfer it to GCash for free. In the Philippines, SWIFT transfers are buggy! We have countless horror stories of floating money because the remittance was rejected by our local bank (buggy systems). Worst, when returned to sender, we are charged $5-10 return fee!!! The Philippines has one of the highest number of migrant workers sending remittance to the Philippines. Guess what, no one uses SWIFT! They use MoneyGram, WU, Remitly, even crypto, because the fees are less than local bank's fees for inward transfers. Other countries may like local bank transfers. In the Philippines it's an opposite story. So PLEASE continue offering PayPal option to Philippine Gumroad accounts. You may offer both PayPal and Local bank transfer, BUT NEVER remove the PayPal option for Philippine accounts.

Comment author avatar
Kid's Corner

I have the same problem! I hope they fix this.

Comment author avatar
RetireJapan

Japan too please.

Comment author avatar
Todor - cgdive.com

+1 for Japan!

Gumroad + Discord: Auto-add new customers

A lot of Gumroad updates!

Redesigned Profiles and Posts

Your Content Guide For 2022

From $0 to $27k In 8 Months

See all posts from Gumroad

Powered by