Set up Payment Details

This article is relevant for pentesters who are looking to setup their payment details or who are troubleshooting payment errors.

Payments settings are handled here: https://app.cobalt.io/settings/payouts/details

Before a payout can happen, the following must be in order:

• Cobalt profile set up with full first and last name
• Tax form verified by Cobalt staff
• Have a valid payment method

Tax form

We require you to fill in and upload relevant tax forms (W-9 for US-persons and W8_BEN for non-US). We collect this information in order to be compliant with US financial regulations, and absolutely do not use or share your private information in any way.

If your tax form is not verified or you upload a new form, your payout will not be processed until a member of the Cobalt team verifies the document.

If you are experiencing delays with getting your tax form verified, please reach out to us at [e-mail]. Please note once your form is verified, it may take up to 2 business days for the payment to process.

Payment methods

When you set up your account, you will need to select your payment preference. We offer two ways to receive your payment: Paypal or a direct transfer to your bank account via Transferwise.  

Paypal

Get your payment sent directly to your Paypal account.
Payments settings are handled here: https://app.cobalt.io/settings/payouts/details

Select Paypal from the dropdown

Add in the email address linked to your Paypal account (note: it must be an email, the Paypal id does not work)

Direct Transfer (via Transferwise)

Get your payment sent directly to your bank account. Please note you do not need to create a Transferwise account to use this.
Payments settings are handled here: https://app.cobalt.io/settings/payouts/details

Select Transferwise from the dropdown

Transferwise Email
This field will auto-populate with the email you used to create your Cobalt account, not your Cobalt Core email address. 

Bank Information
First, select the currency you wish to receive your payment in. Fill in your IBAN number if you are prompted to do so (see below if you are unable to fill in this field). You should be all set once you save your details.

Additional Information Required for Certain Currencies:
If the IBAN field is grayed out with 'N/A', we will need additional information from you to set up the direct transfer. Look at the below list and find the required information for your currency preference. Then send an email to [e-mail] with your currency and information so we can complete the set-up.

If you don't see your currency below, please check Transferwise's website here, or email us at [e-mail].

Info needed for USD:
Email:
First & Last Name:
Address:
City:
Country:
Postal/Zip code:
Bank Account Country:
Routing Number:
Account Number:
Account Type (Checking or Savings):

Info needed for Rupee (INR):
Email:
Full Name:
IFSC Code:
Account Number:
Date of Birth:

Info needed for South African Rand (ZAR):
Email:
First Name (must match bank data):
Middle Name (optional):
Last Name (must match bank data):
BIC/SWIFT code:
Account Number:
Phone Number (optional):

Info needed for Chilean Peso (CLP):
Email:
Full name of the account holder:
Beneficiary's bank name and code:
Account number:
Beneficiary's RUT number (Rol Único Tributario):
Account type:
Recipient's phone number:

Info needed for New Zealand Dollar (NZD):
Email:
Full name of the account holder:
Account Number:

Info needed for Nepalese Rupee (NPR):
Email:
Full name of the account holder:
Beneficiary Bank:
Account Number:

Info needed for United Arab Emirates Dirham (AED):
Email:
Full name of the account holder:
IBAN:

Info needed for Croatian Kuna (HRK):
Email:
Full name of the account holder:
IBAN: