This article outlines how Udemy premium instructors can set up direct deposit (Automated Clearing House (ACH)) as their payment method for course revenue they earn. By selecting direct deposit, instructors can have their Udemy payments sent to their applicable bank account directly and securely.
Please note:
- Currently, the direct deposit payment option is only available to instructors who are residents in the United States with a U.S. bank account. When direct deposits are available as a payment option for instructors and bank accounts in other nations, we will update this article.
- Udemy does not charge instructors any fees to use direct deposit as their payment method. We advise instructors to check with their bank, however, regarding any exchange or transaction fees that may apply.
How to set up direct deposit as an instructor payment method
Instructors can set up direct deposit as their payment method by following these steps:
- Move your cursor to your profile avatar at the top right and click on Payout settings from the dropdown menu.
- Click Connect to the right of the direct deposit option.
- Enter your banking information as requested. Please be sure to enter your name exactly as it appears in your bank account (note: only the first 22 characters of a name can be entered into the form).
- Click Save.
After your bank account information has successfully been entered, and is ready to receive payments, Active will appear on the Payout settings page, direct deposit option. The last four digits of the corresponding bank account number will also appear.
Issues entering your bank account information
If you’re encountering issues saving your bank account information on the Payout settings page, please contact your bank to verify you are entering the correct information and that your account with them is active.
As noted above, please also be sure to enter your name exactly as it appears in your bank account (note: only the first 22 characters of a name can be entered into the form).
If you have more than one U.S. bank account, you can also try entering and saving that account’s information.
How to change or delete your bank account information for direct deposit
If you need to add, delete or connect a bank account moving forward, click Manage on the right hand side of the direct deposit option.
- Move your cursor to your profile avatar at the top right and click on Payout settings from the dropdown menu.
- Click Manage on the direct deposit option.
- Select the bank account information you wish to delete, change, or connect as your direct deposit payment method. You can also add another account by clicking the add a new bank account option.
- After clicking Save that bank account will be designated to receive your payments. You can verify the account that is set up to receive your funds, on the Payout settings page.
Please note:
- We recommend instructors delete bank accounts from the direct deposit option they do not intend to use. This will help ensure the correct bank account is connected to receive your monthly payment.
- After deleting a bank account from your settings, please be sure to activate another previously entered bank account for direct deposit, or a different payment option (so that your next payment can be sent on the applicable date).
Additional resources
- Answers to frequently asked questions about the direct deposit, payment method.
- Learn how instructors can set up Payoneer or PayPal as their payment method