If you’re a seller on Shopee Singapore, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currrency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. You can even make purchases at wholesale sites like 1688.com directly with your World Account balance. With a few simple steps, you can start withdrawing your Shopee Singapore sales proceeds into the World Account.
The type of Receiving Account to set up for my Shopee account
The World Account allows you to set up Receiving Accounts in over 15 currencies. For Shopee Singapore, you’ll need to set up a SGD Receiving Account. You’ll be given the choice of a single-currency account or a multi-currency account. In this instance, please select the multi-currency account.
Please note that we currently do not support collection from Shopee sites in countries other than Singapore. If you need to collect from other Shopee sites, please let our support team know. We’ll be sure to inform you once we support the functionality.
| Step 1 – Set up the Receiving Account
- On your World Account dashboard, go to the “Collection” tab
- Then click on “Manage Accounts” > “Add a New Receiving Account“. You can then select the currency of your Receiving Account
- Once the account is set up, you can click on “Details” to get the account details
| Step 2 – Link your Receiving Account to Shopee Singapore
- On Shopee Seller Centre, go to “Finance” > “Bank Accounts“
- Click on “Add Bank Account“
- Enter your Receiving Account
