Getting paid as a contractor shouldn’t be complicated, but too often it is. Payments come in different currencies, hit your bank at random times, and you end up paying fees you never expected.
That’s why Niural Wallet gives you two ways to receive your money:
- Direct Payout: Payments are automatically sent to your connected withdrawal account (bank, e-wallet, etc.).
- Holding in Wallet (Recommended): You choose to keep your earnings inside the Wallet, giving you full control over when and how you withdraw.
Here’s why more contractors are choosing to hold funds in their Niural Wallet.
What is Holding?
Holding simply means that your payments stay in your Niural Wallet instead of being instantly transferred out.
- USD is always available to hold.
- If your contract is in a non-USD currency and you enable holding, those payments are automatically converted into USD and added to your Wallet balance.
This gives you a single, clean balance you can manage on your terms.
Why Holding Works Better for Contractors
1. Take Control of Your Cash Flow
Instead of being forced into automatic payouts, you decide when to withdraw. Want to wait until rent is due? Prefer to bundle multiple client payments into one transfer? With Holding, the choice is yours.
2. Simplify Currency Chaos
If you work with clients in different countries, direct payouts can scatter across currencies and accounts. Holding in USD lets you consolidate everything into one balance, making it easier to track your income.
3. Save on Fees and FX Surprises
With Holding, you see the fees and exchange rates upfront before confirming a withdrawal. No more hidden charges or “mystery amounts” showing up in your bank.
4. Stay Flexible
Withdraw from your Wallet into bank accounts, e-wallets, or spend directly with a Niural Card (coming soon). Holding means you’re not locked into one payout path.
5. Gain Stability in USD
USD is a global standard. By holding in USD, you can protect your earnings from fluctuations in local currencies and manage your finances with confidence.
When Holding Makes the Most Sense
Contractors choose to hold when they want to:
- Consolidate multiple client payments into one withdrawal.
- Receive income in different currencies but prefer one unified balance.
- Time withdrawals around their personal or business expenses.
- Keep funds in USD for stability and flexibility.
How to Enable Holding
- Log in to your Niural account and go to Wallet Settings.
- Under Withdrawal Settings, enable USD Holding.
- Any non-USD contract payments will automatically convert to USD and show in your Available Balance (USD).
- Withdraw anytime, in the way that works best for you.