Apply for a New Global Collection Account
1. Start Applying for New Global Collection Bank Accounts
Click Transaction Management, then select Account Application.
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2. Select the Region of the Global Collection Account
Based on your business needs and the currencies you would like to receive, click Apply Now under the corresponding region.
*You can only apply for one account at a time. If you need multiple different receiving accounts, you can submit additional applications. For more details, please refer to the FAQ.
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3. Select Basic Account Information
Select the bank and currency. After confirming, click Submit.
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4. Wait for the Activation
Go to Transaction Management, then select Account Management to view the status of your collection account. You can also view account details or hide the account under the Action menu on the right.
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FAQ (Frequently Asked Questions)
1. How many virtual accounts can I apply for at once?
You can apply for up to ten virtual accounts at a time. However, only three of those accounts can be activated before receiving your first payment. Once your first payment is received, the remaining accounts will be activate.
2.Is there a limit to the number of virtual accounts I can have?
The account limit varies based on your business type. If you found you are not allowed to apply certain accounts, please contact our customer service via sunrate.com/contact-us/ or your dedicated business development representative for assistance.
3.Can I choose the bank of the virtual account to apply for?
The system will typically recommend the most suitable bank for your needs, but you can also apply for other supported bank accounts. If you have any questions about the differences between bank accounts, please consult us for more information.