Typically, when you start processing live payments, Stripe schedules your initial payout for 7 days after you successfully receive your first payment. In some cases, the first payout might take longer depending on the industry risk level. Subsequent payouts follow the schedule that you define in your account’s payout schedule.

To see a comprehensive list of your payouts, along with the expected dates of deposit into your bank account, use the Dashboard.

You can update your account details or add a new bank account using the Payout settings in the Dashboard. Based on your bank’s location, Stripe might require different kinds of account details to activate your bank account. To modify your banking information, click the Edit button next to the desired bank account.

Your payout schedule refers to how often Stripe sends money to your bank account.

The default payout schedule is weekly. You can change this in the Dashboard to daily, automatic, monthly automatic, or manual payouts. When selecting a weekly or monthly schedule, you can specify the day of the week or month that you want payouts to arrive in your bank account.

You can confirm your payout schedule and estimated payout timing in your Dashboard.

When you select a payout schedule, it doesn’t change how long it takes your pending balance to become available. However, it allows you to control when your payouts occur. For example, if your account operates on a daily payout schedule with a 3 business day payout speed, Stripe pays out funds daily from transactions captured 3 business days earlier.

If you turn off automatic payouts in the Dashboard, you must manually send funds to your bank account. You can do this either in the Dashboard.

While payout schedule refers to the cadence your funds are paid out on (for example, day of the week), payout speed refers to the amount of time it takes for your funds to become available. The payout speed varies per country and is typically expressed as T+X days. Some payment processors might start “T” from their internal settlement time, meaning when the funds land in their bank accounts.

In Stripe, “T” refers to the transaction time, which indicates the time of the original payment confirmation or capture, and the counting starts earlier. If your Stripe account is in a country with a T+3 standard payout speed and you use a manual payout schedule, your Stripe balance is available for payout within three business days of capturing a payment. However, if you use a daily automatic payout schedule with a T+3 speed, Stripe pays out funds daily from transactions captured 3 business days earlier.

Most banks deposit payouts into your bank account as soon as they receive them, though some might take a few extra days to make them available. The type of business and the country you’re in can also affect payout timing.

To begin with your Payout Schedule is every 7 Days. If you take your First Payment on the 1st, you will receive your Initial Payout into your bank account by the 8th.

After your Initial Payout, your Payout Schedule is every 3 Days.

After your continued use of Stripe over multiple weeks and several payments, if you have a Good Track Record without any Disputes or Account Issues, you may be eligible for Instant Payouts which arrive in your bank account within 30 minutes.

The minimum payout amount depends on the lowest amount we can support with our banking partners. For example, if you’re located in the UK and you have less than £1.00 (£0.01 of £1.00) GBP in your Stripe account, you must wait until you accept more payments and increase your balance before you can receive a payout. If your available account balance is less than the minimum payout amount, it remains in your Stripe account until your balance increases.

Minimum payout amounts are one base unit of the local currency.

Each payout reflects your available account balance at the time it was created. In some cases, you might have a negative account balance. For example, if you receive 100 GBP in payments but refund 200 GBP of previous payments, your account balance would be -100 GBP. If you don’t receive further payments to balance out the negative amount, Stripe creates a payout that debits your bank account.

Your bank account must support both credit and debit transactions so that Stripe can perform any required payouts.

If your bank account can’t receive a payout for any reason, your bank sends the funds back to us. This returns an error with the reason for the failure. It can take up to 5 additional business days for your bank to return the payout and inform us that it failed. If this happens, you’re notified by email and in the Dashboard. To make sure that your bank account details are correct, you need to re-enter them if a payout fails. After you re-enter your bank account details, Stripe attempts to perform the payout again at the next scheduled payout interval.

Make sure that the bank account information you provide is correct because Stripe sends the funds using the account information you enter. Therefore, if you provide incorrect information (for example, a mistyped account number or an incorrect routing number), Stripe might send payouts to the wrong bank account and might not be able to recover the funds.

Any fees or losses that you incur due to incorrect information fall under your responsibility. If your banking details are correct and the payout failure is for other reasons, contact your bank. After you resolve any issues with your bank, you can reactivate the payouts by clicking Resume Payouts. If you don’t receive a payout from Stripe after clicking Resume Payouts, and haven’t received a failure notification within a reasonable time frame, please contact us.

With Instant Payouts, you can instantly send funds to a supported debit card or bank account. You can request Instant Payouts any time, including weekends and holidays, and funds usually appear in the associated bank account within 30 minutes. New Stripe users aren’t immediately eligible for Instant Payouts. You can check your eligibility in the Dashboard.