In this article, you will find the information regarding how often you will get paid on your DEEL account.
How often will I get paid on my DEEL Account?
Money will be deposited into your DEEL account following the Earnings Calendar
(Link here).
DEEL offers their account holders the option for Early Withdrawals.
This feature is for independent contractors who want to withdraw client payments before the payment due date. With the early withdrawal feature, you can get access to your Deel balance instantly, even on weekends and holidays. However, there are certain requirements that need to be met.
Early Withdrawal requirements
Internal algorithms determine when the early withdrawal feature is available to you. This option may be available up to 5 days before your payment due date. This will vary by individual and payment cycles. The following criteria must be met in order to qualify for an early withdrawal:
- Your client has paid your invoice in advance of the payment due date
- Both you and your client are KYC-verified
- You do not have any outstanding Deel Advance repayments
- For contractors, you have had at least 1 successful withdrawal
When Early Withdrawal is available
When this feature is available, you will see a Withdraw Early option on your contract page. If the button is blue, the option is available. Simply click the button to initiate an early withdrawal.There is a 1% fee up to a maximum of US $15 for this service. You will be asked to confirm the fee as part of the process.When you use this feature your funds will be accessible immediately in your Deel balance, ready for you to withdraw.Please note that when withdrawing your funds the standard processing times for banks and partners will still apply.Important details
OMNI guarantees your payment to be deposited into your DEEL Account no later than Friday, as stated on the email you receive on Wednesday by EOD.