How long does it take for Goldie to pay out my funds?

Modified on Tue, 22 Nov 2022 at 10:55 PM

For users in the U.S., U.K., and Canada: In order for funds to be paid out, they must first be confirmed as available in your Goldie account. It typically takes the following amounts of times for funds to become available for payout:

  • In the U.S., it takes payments you collect frm clients 2 business days to become available in your Goldie account (and thus for a payout to your bank to be initiated)
  • In the U.K. and Canada, it takes payments 3-7 business days (depending on your payment processing history)
    • Note: These timelines are result of the time required to process and confirm the charged funds from your client's card/bank

For a payout to be initiated, your Stripe account must have a minimum available balance of $50 USD/GBP/CAD (for the U.S., U.K., and Canada, respectively). If your available balance is less than $50, you will need to collect additional payments to trigger a payout on that business day. Accounts that maintain a balance of less than $50 for more than a week will automatically be paid out after that time. Available balances are evaluated, and payouts are initiated, at approximately 5:00 PM (local time) each day.

Payouts to your bank account are initiated every business day (weekdays, excluding bank holidays) for which you have met the thresholds. The payout amount will be equal to your available balance at the time they are initiated. Because the payout schedule is automated, it is not possible to cancel or delay a payout.

Once a payout has been initiated, it then takes 2-5 business days to appear as available in your connected bank account. The specific timing depends on the speed with which your bank processes transactions.

Overall, payments you collect from clients should be successfully transferred to your bank account within 4-12 business days.

For users in other countries: Stripe manages your payout process directly, so please log into your Stripe account to confirm your payout settings (including processing times before funds are available). 

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