Setting up your Bank Account
By setting up your bank account info with Showman, you can have entry fee funds deposited directly into the account. Each show can configure one bank account.
If you account setup is complete, maybe you're just wondering how to request a funds transfer for your show?
Setting up your account:
Navigate to the Financial Section located in the Admin Dashboard. Click the link to set up your Stripe connect account, through which we will send you your entry fee funds.
Enter email address and phone number:
Once clicked, that link will bring you to Stripe to set up your account. It will look like this:
To begin, you'll enter an email address to use for your Stripe account. Next it will ask you for a phone number. Your phone number will be used to secure the account. Stripe will send a code to your number that you will need to enter in order to access your Stripe account.
Types of Account:
Next, use the drop down menu to choose the appropriate Type of business:
When linking the account information, you must select either an individual, company, or non-profit bank account based on the type of account the show uses for transactions.
- Individual Bank Account - If the bank account is a personal and not a business account. The tax information is linked to the bank account owner's social security number.
- Company or Non-Profit Bank Account - If your bank account is set up as a business or non-profit for the specific show or an association, etc. The tax information will be linked to an EIN number. It's important that the business name you enter in Stripe exactly matches the business name associated with your EIN number.
Add in Profile Details:
Next, they will ask you to fill in personal details:
Enter bank account information:
Next, you will be asked to enter your bank account information. You can do this by choosing your bank and logging into your online bank account, OR choose to manually enter in the bank account info. If you don't have an online bank account set up or don't remember the password, simply choose to manually enter bank details:
This will bring up the screen for you to enter your account information:
Review details:
Edit any details by clicking the pencil in the top right corner of each section. If there are any alerts saying "information required soon," be sure to click the pencil to edit and add in any necessary details.
How to add or change information from your Stripe account:
If any information is not filled in initially or if information needs to be changed, once in your Stripe account, you can click on your Profile (the person icon in the top right corner of your Stripe account) to add in all necessary details to your profile.
You can click Payout details or Professional details to edit or change information in either of those areas:
Verifying your Account:
There is one more step to completing your bank account setup. After your account info has all been added, please let your show specialist know so we can verify that the account is linked correctly. We will then verify the bank account with a $1 test deposit:
Test Deposit - A $1 test deposit will be sent to the bank account. The deposit will be visible in account 1-2 business days. Verify this deposit was received into the bank account and then notify your show specialist that it has been received.
Receiving Payouts:
Normally the entry fees are scheduled to be deposited into your bank account on the Monday following your show. If you would like to receive a payout or multiple payouts ahead of time, you will need to request to have them sent. Please plan for 2-3 business days for funds to show up in the account. You can send an email to your show specialist or to ruth@showman.app to request a payout.