When Do I Receive My Money From TechBnk?

When will I receive my money?

Whether you chose Flexible or Fixed options for your campaign, TechBnk will only disburse your funds 15 days after your campaign reaches its end date. All contributions we received on your campaign through PayPal will be paid into your PayPal account, and those through credit card will be paid into your specified bank account.

 

PayPal

If you chose Flexible funding campaign, you will receive your money 15 business days after the end of your campaign. For Fixed funding campaigns, your money will be sent only if your campaign met its funding goal, and reached the specified closing deadline. Your funds will be sent as individual payments, not in one lump sum.

We will deduct 5% of your total contributions (not funding goal) as TechBnk’s platform fee, plus 3-5% PayPal processing fees. You out more about our fee structure.

 

Credit Card

If you chose Flexible funding campaign, you will receive your money 15 business days after the end of your campaign. For Fixed funding campaigns, your money will be sent only if your campaign met its funding goal, and reached the specified closing deadline. Your funds will be sent to your bank account in a batch once a week.

We will deduct 5% of your total contributions (not funding goal) as TechBnk’s platform fee, plus 3% + £0.20 third party processing fees. Learn about our fees and pricing.