How can I initiate a payout?
Zeffy automatically processes payouts to your connected bank account according to a set schedule. You cannot initiate a manual payout.
Currently, you cannot manually trigger a deposit of your funds into your connected bank account to receive an expedited payout. The quickest way to receive your funds is by setting yourself up for weekly payouts!
💡 If you'd like to see more flexibility in your payout schedule, you can vote for this feature request here. Your vote helps us prioritize platform improvements for future implementation!
Payout Schedule Options
- Weekly Schedule (Default): Funds are deposited every Monday
- Monthly Schedule: Funds are deposited on the first Monday of each month
Important: Payouts cannot be manually triggered or expedited. The fastest available option is the weekly schedule.
How to Change Your Payout Schedule
- Log into your Zeffy dashboard on a computer
- Click your name in the bottom left of the page
- Select "Settings"
- Under the "Bank" section, click "Payout schedule"
- Choose either weekly or monthly schedule
- Click "Save"
Processing Timeline
- Payments undergo a 1-3 day processing period for anti-fraud security measures
- For weekly schedules:
- Payments are initiated every Friday
- Funds are deposited the following Monday
- Payments received late Thursday through weekend may roll to next week's payout
- For monthly schedules:
- Payments received 3-4 days before the monthly payout may roll to next month
Monitoring Your Payouts
For more clarity on your upcoming payout, You can track your payout status under "Bank" > "Payouts" where you'll see the totals of the funds which are still processing and how much is already available for your next payout.
You can track your payout status under "Bank" > "Payouts" where you'll see the totals of the funds:
- The amount ready to be paid out
- The amount which is still processing
After initiation, it typically takes 1-2 business days for funds to appear in your bank account