slurp

[timber zenith]

hello! how can i help?

[orchid hill]

hi! so im trying to figure out how to set up a use case for standard accounts where a payment is made by the buyer and then the funds are held until a certain date at which they are paid out to the connected account

im reading on here https://stripe.com/connect that 'A platform sends funds, unlinked to incoming payments, to their seller or service provider’s bank account or debit card. Example: Cozy sends money to its landlords, funded by its bank account'

i'm wondering if this means the funds are sent to the connected stripe account or if they are sent directly to the connected accounts bank

hopefully that makes sense

[timber zenith]

are you planning to only transfer the funds from a payment to a single connected account, or will the funds be split between multiple connected accounts?

[orchid hill]

a single account

[timber zenith]

the funds will always go to the Stripe balance first, then subsequently be paid out to the connected accounts' bank

[orchid hill]

ok that's great, thanks for letting me know