Setting Up Withdrawals
When can I start withdrawals? How much can I withdraw?
You can set up withdrawals and add your bank account as soon as you get your first donation. Making a withdrawal does not affect your campaign at all. Your campaign’s 'Total Amount Raised' meter will stay the same and you can continue accepting donations for as long as you would like!
Your first withdrawal will always be for your full available balance. All future donations will then be sent to you automatically.
*Note - you must withdraw your donations within 30 days. Read more
What if the donations are not for me?
By default, all GoFundMe accounts are set up to individually withdraw the donations yourself. If you would like to send the donations to another person or an organisation, visit one of the following articles for more information:
How long do withdrawals take?
Once a withdrawal leaves your account, it will take 2-5 business days to arrive (weekends and holidays do not count as business days). Unfortunately, we cannot make withdrawals arrive faster. Withdrawals are sent as ACH deposits which take a few days for your bank to process.
Do not have a bank account? Customers in the US will also have the option to withdraw via cheque. Cheques take 7-10 business days to arrive. They are sent through USPS, and therefore do not have tracking numbers. Cheques are not available in Canada.
After I Withdraw
Do I have to withdraw again?
After your bank account is added, daily automatic withdrawals will stay turned on in your account. You can change those to weekly or monthly, click here to find out how. Withdrawals cannot be stopped once they have left your account, and they cannot be disabled completely.
How do I change my bank account?
To change the bank account that your funds are sent to, you can simply follow these steps:
1. Sign in to your GoFundMe account here.
2. Click on "Withdraw" at the top of your Dashboard
3. Click on “How can I change my bank account” in the “Need Help?” menu shown here.
4. Click on “Request Bank Withdrawal” to update your banking information
5. Click “Withdraw Money” to finalise the changes.
Future withdrawals will be sent to that bank account. Please keep in mind that bank withdrawals typically take 2-5 business days.