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Dashboard > TopCoder Competitions > ... > How to Get Paid for Competing > Payment Methods
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Payment Methods
Added by ntrefz , last edited by smcd on Mar 04, 2010  (view change)
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ACH (automated clearing house)
Payment is made directly to your bank account and is usually available within 3-5 business days. The following information is required to establish payment via ACH:

  • Bank Name
  • Bank Address (full bank address required)
  • Beneficiary's Name
  • Beneficiary's Address (city and country at a minimum)
  • Beneficiary's Account #
  • Routing Code (required)
  • There is no cost for ACH payments, but it is currently only available in the following countries: Australia, Canada, Euro Zone, Great Britain, Hong Kong, New Zealand, Singapore and the United States. ACH payments will be made in your home currency, not USD, unless you are getting paid in the United States. Please note that ACH is slighlty slower and less reliable than payment by wire transfer.

Wire transfer (electronic funds transfer)
Payment is made directly to your bank account and is usually available within 1-2 business days. The following information is required to establish payment via wire transfer:

  • Bank Name
  • Bank Address (full bank address required)
  • Beneficiary's Name
  • Beneficiary's Address (city and country at a minimum)
  • Beneficiary's Account #
  • SWIFT Code (required)

There is a US $10 charge for each wire transfer, which will be deducted from the amount owed to you. To sign up for wire transfer payments, please send an email with the subject line "Wire Transfer Signup" to payments@topcoder.com.

PayPal®
TopCoder does not charge to distribute payments via PayPal, and funds are generally available within a few business days.

  • Can you receive funds via PayPal? Consult this list.
  • If you do not have an account, click here to sign up.
  • Please note: depending on the type of account you set up, you may incur fees when receiving TopCoder payments via PayPal.
  • To receive payments via PayPal, please send an email with the subject line "PayPal Signup" to payments@topcoder.com, and include the email address you used to establish your PayPal account.

Please email any other questions to payments@topcoder.com.