The complete process (A to Z) of setting up a Facebook Payout account is given below in a step-by-step manner. This is mainly for those who are earning income from Facebook Monetization (such as Reels Bonus, In-Stream Ads, Stars, etc.) and want to set up payments for withdrawals.
Step-by-Step: Facebook payout setup Bangladesh (A to Z)
1. Login to Business Manager or Professional Dashboard
- Go to your Facebook Page
- Select the “Professional Dashboard” or “Monetization” option
- If you are using Business Manager, then login from business.facebook.com
2. Go to Payouts Section
- Click on “Payouts” from Monetization or Professional Dashboard
- If this is your first time, you will be asked to set up a new Payout account
3. Create a Payment Account
- Click on the “Add Payout Account” or “Set Up Payouts” button
- Then Facebook will ask you to choose Stripe or Direct Bank method (in Bangladesh, bank transfer is usually used)
4. Enter Personal or Business Information
- Your full name (as per National ID)
- Date of birth
- Address (enter exactly)
- Mobile number (OTP will come)
- National ID / Passport information (if desired)
5. Enter Tax Information (Tax Form)
- Since Facebook is a US company, you have to fill out a Tax Form
- If you are in Bangladesh:
- Individual Select
- Fill out the W-8BEN form (for non-US residents)
- If you don’t have a TIN, you can leave it blank, it’s not a problem
6. Enter Your Bank Account Information
- Bank Name
- SWIFT Code (SWIFT Code of Bangladesh Bank)
- Bank Account Number
- Account Holder Name
- Routing Number (doesn’t take long)
7. Review and Submit
- Check all the information
- Press “Submit”
- Facebook usually reviews it in 1–3 days
8. Ready to Receive Payment!
- If everything is OK, the Approved status will be shown
- If you earn income, the money will be transferred to the bank on the specified date of the month (such as the 21st)
Tips:
- BRAC Bank, DBBL, City Bank, Standard Chartered work well as banks
- Make sure to keep the name and info correct according to the NID
- Regularly check the “Payouts” and “Monetization” sections.