How to set up transfers

To withdraw funds from GoFundMe to your bank account, open the Transfers page for your fundraiser, choose who will receive the funds, and enter your personal and bank details. Find exact steps below. After we verify your information, funds are sent automatically and reach your bank 2–5 business days after they leave GoFundMe.

Before you start

Have these ready to smoothly set up transfers:

• Your full legal name, exactly as it appears on your government-issued ID (no nicknames or abbreviations)
• Your email address and phone number
• Your physical address (no PO boxes)
• Your date of birth
• The last four digits of your SSN or ITIN
• A bank account in your name. We can’t send checks, and PayPal, Venmo, and Cash App accounts often don’t meet our document requirements. Online banks, like Ally Bank (US only), work well.
• A bank statement or other bank document, if you enter your bank details manually

Also check that you meet the requirements to transfer funds, and set up transfers before the deadline shown on your Transfers page.

Set up transfers

1. Log in to GoFundMe
2. Open the fundraiser where you'd like to set up transfers
   • On desktop, select Your fundraisers in the top right menu and choose the fundraiser. In the app, tap the fundraiser.
3. Go to Transfers:
   • US fundraisers, desktop: On your Today page, select Fundraiser in the left menu, then Transfers.
   • US fundraisers, app: On your Today page, select Fundraiser in the top menu, then Transfers.
   • All other countries, desktop: In your dashboard, select Transfers in the left menu.
   • All other countries, app: Tap Transfers under your goal.

4. Choose who will receive the funds:

   • Your bank account
   • A business bank account. Learn more about transferring funds to a business bank account.
   • Someone else's bank account. This person is called a beneficiary. Your part is complete once you send the beneficiary invitation. They enter their own details, so you can skip the remaining steps.

   Heads up: If your account uses Adyen, the first bank account you verify becomes the default for every fundraiser you create. To send a fundraiser's funds somewhere else, edit the bank account on file or add a beneficiary to the fundraiser.

5. If you haven't confirmed your email address, resend the confirmation email and confirm it.
6. Select Get started. You'll go to our payment processor's secure portal to enter your personal and bank details.

Created a charity fundraiser? Learn how to receive funds for a charity fundraiser.

Enter your personal and bank information

Personal information

Our payment processor uses this information to verify who you are. It must match your government-issued ID exactly. This name isn't shown publicly on the fundraiser. You'll need:

• Your full name (no abbreviations or nicknames)
• Your email address
• Your phone number
• Your physical address (no PO boxes)
• Your date of birth
• The last four digits of your SSN or ITIN

You can also verify your identity instantly by uploading an image of your government-issued photo ID, driver's license, or passport.

Bank information

Connect your bank by logging in to your online banking, or enter your details manually. If you enter details manually, you also need to upload a bank statement or other bank document that verifies the account. If you have trouble logging in to your bank, enter your details manually.

When you enter details manually:

• Use the routing number for ACH, EFT, or direct deposit. Don't use your wire transfer number.
• Include any zeros at the start of your account number.
• For European accounts, enter the IBAN in capital letters with no spaces.
• Make sure the name on the bank account matches the name in your personal information.

Enter only the bank details for the account you chose. To send funds to another person, choose Someone else's bank account and invite them as a beneficiary. They'll enter their own details.

Verify your information and upload documents

Our payment processor verifies your information. This can take a few business days. If we need more, we'll contact you.

Check your Transfers page for a red banner. It means we need a document or your information failed verification. We may ask for a bank statement (if you haven't provided one), a government-issued ID, or details about your relationship to the fundraiser. Once everything is verified, funds are sent automatically.

We may also ask for documents after your first transfer, so keep checking your Transfers page.

To upload a document:

1. On the Transfers page, select Edit next to your bank account under Payout.
2. Select Continue to Adyen or Continue to Stripe.
3. Find the section marked in red, then follow the steps for your payment processor:
   • Adyen: Select the upload button in the bottom right-hand corner, next to Edit.
   • Stripe: Select Update, then take a photo of your document or upload a file from your device.

How long do transfers take?

Allow up to 5 business days for donations to process, plus 2–5 business days for the transfer to reach your bank.

• Transfers are sent daily unless you change them to weekly or monthly.
• Each transfer includes all available donations. You can't choose the amount.
• Depending on your payment processor, you may get more than one deposit in a day.

If you're the beneficiary

If an organizer chose Someone else's bank account, you'll receive an invitation to enter your own personal and bank details. Follow the invitation, then complete verification as described above. Learn how beneficiaries receive funds.

Transfer FAQs

Can I withdraw money from GoFundMe before I reach my goal?

Yes. You don't need to reach your goal to receive funds. You can set up transfers at any time, and funds are sent after we verify your information.

How much does GoFundMe charge to withdraw funds?

There is no fee to withdraw your GoFundMe funds. At the time of donation, a one-time fee of 2.9%+$.30 per donation will be deducted (based on US fundraisers, for your countries specific fees, visit our Pricing Page), but there is no fee to recieve your funds. See our fees article.

Can I transfer to PayPal, Venmo, or Cash App?

Funds are sent by direct deposit to a bank account only. While they may have account and routing numbers, online payment processors like PayPal, Venmo, and Cash App often don't meet our document requirements, so it's best to use a bank account instead.

Do I need a bank account to receive funds?

Yes. We can't send checks.

Can I change the bank account for a fundraiser?

Yes. Edit the bank account on file or add a beneficiary to the fundraiser.

Haven't started a fundraiser yet? Get started today!