Once the first donation is made to your fundraiser, your bank transfer information must be fully verified by the date noted within your GoFundMe account or your donations will be automatically refunded. This is because our payment partners are online payment processors only and are not allowed to hold your funds for long periods of time.
Even after starting bank transfers, you can continue to raise funds, and the "total amount raised" displayed on your fundraiser will not decrease.
How long will it take to be fully verified?
The process of setting up and verifying transfers can take 3-7 working days or longer to complete. Then, once your first transfer has been sent, it will take on average 2-5 working days for the funds to be safely deposited into the bank account on file. You can read more about the transfer timeline here.
How do I know when I’m fully verified?
First, make sure you’ve completed the transfer set-up process:
After that, your GoFundMe account is the best place to find all information about your transfers. In the "Bank transfer" section, you can see scheduled and sent transfers. If you see that the scheduled date is continuously pushed back, this means that your account has not been fully verified.
You may also receive an email from our team or see a banner in your GoFundMe account notifying you about this.