Update your deposit account

Cord doesn’t hold your funds: money from your sales goes straight to whatever bank account you have on file. The account format depends on your organization’s country — the 18-digit CLABE is exclusive to Mexico. Outside Mexico, Cord asks for the matching format instead: IBAN (Spain and the rest of the SEPA zone), routing number + account number with an ABA checksum (United States), sort code (United Kingdom), transit + institution number (Canada), BSB (Australia), or bank code + agência (Brazil). The account field adapts automatically when you open the screen — you never have to “translate” your number into a Mexican format.

Two separate ways to get paid

Under Settings > Payments there are two independent accounts, each on its own tab:

• Cord Payments (online payments): if your country supports it, you connect an account on the Account tab and your clients pay by card directly on the public link; in Mexico, Cord also generates a unique CLABE per quote payment and per invoice, and reconciles the SPEI transfer automatically; in Spain, Germany, France, the United Kingdom, and the United States, bank transfer with a reference (a new feature) uses an account of each client’s own. The payout to your bank is handled by Cord Payments once your account is verified, to the account in the Bank account section of the Payouts tab (/app/ajustes/cobros/depositos).
• Manual bank transfer: works in every country, whether or not online payments are available there. This is the section of the Payment methods tab (/app/ajustes/cobros/metodos) where you configure the bank, the account number (in your country’s format), and the beneficiary shown on the public link and the PDF. Since the money goes straight to your account and never passes through Cord, you mark the quote as paid yourself once you receive it.

Update the manual transfer bank details

1. Go to Settings > Payments > Payment methods.
2. In the Manual bank transfer section, update the bank name, the account number (CLABE, IBAN, routing + account, sort code, transit + institution, or BSB, depending on your country), and the beneficiary name.
3. Click Save changes in the bottom bar; if you changed the account number, Cord may ask you to confirm your identity. Cord validates your country’s control digit before accepting it (for example, the IBAN’s mod-97 or the US ABA checksum), so you don’t end up depositing to a mistyped number.

From that moment on, every public quote link — including old ones still pending — shows the new account. If you also have Cord Payments connected, the payout account for online charges is changed in Settings > Payments > Payouts, with Change in the Bank account section, not here: that account is validated by Cord Payments as part of your identity verification, and changing it asks you to confirm your identity.