Why We Ask for Bank Account Information

When a Partner or Client makes a payment, the money needs to go somewhere. The bank account information is essential for

The Partner's bank account is where the money from the payment will be deposited.

If a Partner needs a refund, the money can be sent back directly to their account using the provided information.

Having the bank account details allows for easier tracking and reconciliation of payments.

In summary, payment processing is crucial for businesses to function effectively. Bank account information is necessary to ensure that payments are processed smoothly and securely.