Settlement Account on the Onlending Dashboard

A settlement account is a dedicated bank account that an onlender sets as the approved account for withdrawals on the onlending dashboard.

This feature is designed to make withdrawals easier and more secure. Instead of entering a bank account number every time you want to withdraw funds, you only need to set your settlement account once. After that, all withdrawals can only be made to that registered account.

This helps reduce fraud and protect your funds. For example, even if someone gains access to your phone or dashboard, they will not be able to withdraw your money to a different bank account. Funds can only be transferred to the settlement account already registered on your profile.

To get started, kindly click on the link, onlending.veendhq.com