With Stripe, everything is done automatically! :)
When linking your bank account to your Stripe account, you will be prompted to choose whether you want donations received in your Stripe account to be transferred to your bank account daily, weekly, monthly or to do it manually. To learn more, check out this article.
Once this option is set up, you will receive the money collected in your bank account at the frequency you set beforehand.
For more information on setting up your Stripe account from Fundky LIVE, check out this article.
The first payment usually takes a little longer. Once the first transaction is completed with Stripe, the transfer to your bank account will take 7 to 14 days. Subsequent transfers are then processed according to your transfer recurrence schedule.
For example (in Canada), here is the information you need to provide to link your bank account:
- Transit number
- Banking institution number
- Account number