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How can I change my bank account for payments with Xolo?

Last updated: December 27, 2024

To update your bank account for payments with Xolo, follow these steps:

  1. Log in to your Xolo account: Access your account through the Xolo platform.
  2. Navigate to the Banking section: Once logged in, go to the 'Banking' tab.
  3. Add a new bank account: Click on 'Add bank account' and enter your new bank account details.
  4. Set as Default for Payments: This action will designate it as the default account.

Important Considerations:

  • Timing of Changes: Make this change before the start of the tax reporting period for the upcoming quarter to ensure seamless processing.
  • The Dutch Tax and Customs Administration (Belastingdienst) accepts payments from foreign bank accounts, provided the transfer is in euros and includes all necessary details.

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