You can track the flow of client payments - from sending an invoice, seeing when it's paid, and observing how much it adds to your account balance - at all times on your It's Complicated invoicing dashboard. Once you are ready to pay out your invoicing account balance, you simply have to request a payout or in the case of automated payouts, let us know when we should schedule your payouts in the invoice settings area of your dashboard here.
When are client payments available to be paid out
Client payments typically become available to be paid out from your Stripe account to your bank account about 3 business days after your client has paid your invoice. There may be some variation, since funds from some transactions take longer to capture after authorisation than others.
In most cases, when you begin using Stripe to process payments from your customers, you'll receive your first payout 7–14 days after accepting your first customer payment. This first payout will typically take a bit longer than subsequent payouts. For more background, please read Stripe’s documentation here. This delay is to mitigate some of the risks inherent in providing credit services.
How to initiate a payout to your bank account
We recommend setting up automatic payouts from your invoicing account to your bank account. It's easy and ensures you get paid out on a regular schedule. To set this up, navigate to the invoicing section of your dashboard, go to your invoicing settings, and then to the payout schedule, where you can determine whether you want to manually request payouts from Stripe to your bank account, or have automatic payouts at a daily, weekly, or monthly schedule.
If you want to manually request payouts, you will need to click the ‘Request payout’ CTA at the top of your invoicing section to transfer funds. If you transfer funds automatically, the amount that is available to be paid out on your Stripe account will be automatically sent to the bank account you’ve provided in your Stripe settings once the payment is initiated.
When will payouts arrive to your bank account
It can take up to 7-14 days for funds to be visible on your bank account after the payout has been initiated. The first payout usually takes longer than subsequent payouts. This delay is meant to mitigate some of the risks inherent in providing credit services and to comply with local regulations. More background is provided on Stripe’s payout documentation here.