Competition Corner uses Stripe as its primary payment processor. If Stripe is not available in your country, we may be able to accommodate your event via wire transfer on a case-by-case basis.
⚠️ Important Notice
As of October 1, 2021, due to evolving banking regulations and international sanctions on bank transfers, wire transfer approval is assessed on a case-by-case basis for new applicants. All pre-existing event organizers with wire transfer arrangements will remain active.
To inquire, contact us at support@competitioncorner.net.
How Wire Transfers Work
If approved, all payments for your event are processed directly through Competition Corner.
A full transfer of your collected funds is sent one week after your event concludes.
Wire Transfer Terms
Additional fee: 2% + $0.50 per registration, on top of our standard platform fees
Credit card processing fee: Deducted per transaction. As Competition Corner is US-based, international processing fees may apply. Review Stripe's pricing for details on international transaction charges
Primary currency: USD. Other currencies may be available, but additional conversion fees will apply
Administration fee: $150.00 per bank transfer
Payout timing: One week after your event is complete
First-time transfers: May experience delays depending on the receiving bank's transfer policies
Credit card on file: A credit card may be required to cover any incidentals such as chargebacks or refund fees related to your event
Identity verification: Government-issued identification that matches the name on the receiving bank account is required
Country Restrictions
Wire transfers are subject to international sanctions and banking regulations. Transfers to the following countries are fully restricted and cannot be accommodated under any circumstances:
Iran
North Korea
Syria
Sudan
Cuba
Crimea region of Ukraine
Russia
The following countries may face limitations or delays due to sanctions risk management policies:
Afghanistan, Armenia, Azerbaijan, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, China, DR Congo, Egypt, Guinea, Guinea-Bissau, Haiti, Iraq, Lebanon, Libya, Mali, Moldova, Montenegro, Myanmar (Burma), Nicaragua, Pakistan, Russia, Serbia, Somalia, South Sudan, Tunisia, Turkey, Turkmenistan, Ukraine, United Arab Emirates, Venezuela, Yemen, Zimbabwe
If your country is on the limitations list, contact us and we will assess your situation individually.