Changing bank transfer frequency

Once bank transfers are fully verified, they’ll automatically start to send on a daily, weekly, or monthly frequency and can’t be paused. This is due to laws and regulations that limit the amount of time our payment processors can hold your funds. We also strive to make payouts reliable and fast. This means that depending on our payment processors, you may receive multiple bank transfers on a given day.

Follow these steps to update your transfer frequency:

1. Log into your GoFundMe account
2. Select "Your fundraisers" from the top right menu and choose the fundraiser you want to change transfer frequency for
   1. US fundraisers - From your "Today" page, select "Fundraiser" > select the "Transfers" button
   2. All other countries - From your fundraiser dashboard, select "Transfers"
3. Select the button to the right of "Payout". (It will display your current choice of frequency.)
4. Choose your preference and save changes

Weekly transfers initiate on Mondays, and monthly transfers initiate on the 1st of each month. Once initiated, transfers take 2-5 business days to reach the bank account on file. 

The first transfer will always initiate the day after you’ve successfully verified your bank transfer information, and will arrive in your account 2-5 business days after it’s sent. Every transfer after the first will then be sent according to the frequency you’ve chosen, as funds are received and verified.