When setting up your Rise account to receive payments, selecting the correct account type is the most critical step. This decision determines how your account is verified and, most importantly, where you can withdraw your funds.
To make sure you can access your earnings without delay, please read the guidelines below.
Follow the Money
The simplest way to decide is to ask yourself: "Which bank account do I want to send this money to?" or "Which crypto wallet do I want to send this money to?"** if applicable
Choose INDIVIDUAL if you plan to withdraw funds to a Personal Bank Account (under your own name).
Choose BUSINESS if you plan to withdraw funds to a Business/Corporate Bank Account (under a registered company name, e.g., LLC, Corp).
⚠️ Critical: The name on your Rise account must match the beneficiary name on the bank account you withdraw to. You cannot withdraw from a Business Rise account to a Personal bank account, or vice versa.
⚠️ Important: You Cannot Switch Later
Please choose carefully. Once an account is created, you cannot convert an Individual account to a Business account (or vice versa).
If you mistakenly sign up for the wrong type, you will be required to:
Create a brand new account using a different email address.
Go through the verification process again.
For more information, don't hesitate to contact our dedicated support at hello@riseworks.io