Clickbank Announces Direct Deposit

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If you have a Clickbank account, chances are you’re getting paid by check every pay period (2 weeks). If your payments are consistent, ie you have received at least 3 consecutive payments, then you qualify to apply for Clickbank’s direct deposit feature.

ClickBank is pleased to offer International Direct Deposit (XACH) for direct deposit of your ClickBank account payments into certain international bank accounts, at no extra charge.

This will help me save loads of time waiting for checks to appear in my mailbox, and trying to cash in the checks in time to pay other expenses and bills. If you live outside any of the countries where Direct Deposit is allowed (Australia, Austria, Belgium, Canada, France, Germany, Ireland, Mexico, The Netherlands, New Zealand, Spain, Switzerland, the United Kingdom, and the United States), then you can get a non-resident US bank account as an intermediary bank.

If you’re from Malaysia, do also check out Rahsia ClickBank for the best system to make money from ClickBank.

Clickbank Direct Deposit Good For Malaysians

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For any Malaysian with a Clickbank account, listen up as there is some great news. Now as a Malaysian you can use the “Direct Deposit” method to get your Clickbank money faster than before.

Previously, most Malaysians were not able to open up a Clickbank account but since April this year Clickbank has opened up to Malaysians again. So I assume most Malaysians using Clickbank would be relatively new and would be requesting to get paid via check, the only payment option available previously.

However, with Clickbank’s new direct deposit feature you can use any US bank account you have (for example with E-Trade bank) to transfer all cash automatically. No more waiting two weeks for the checks to arrive, and another few weeks for it to clear. Once the funds are in your US bank, you can transfer it to your Malaysian bank in less than one working day (E-trade) with a fee charged by the bank.

There is one catch though:

To be eligible an account must have first received three paper paychecks within any 90-day period.

This means if you do not qualify for a Clickbank check every payperiod (2 weeks), you will not see this option when you login. I realized this when I tried to change one of my smaller Clickbank accounts and was unable to do so. Minimum payout is $100.

Clearly if you’re making only a few hundreds in Clickbank, you may want to wait for the check as the fees involved will eat up your affiliate commissions, but if you’re making more than 1000 / month this option is viable.

If you’re from Malaysia, do also check out Rahsia ClickBank for the best system to make money from ClickBank.