#GomuGomu88-separate-charge-transfer

1 messages · Page 1 of 1 (latest)

versed zealot
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With separate charges and transfer you can set source_transaction when you create the charge so that you can transfer it immediately, otherwise you'll have to wait for the money to be available. You can read more about this here: https://stripe.com/docs/connect/charges-transfers#transfer-availability

With Connect, you can make charges on your platform account on behalf of connected accounts, perform transfers separately, and retain funds in the process.

mighty perch
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so once the funds be available, stripe will transfer them to the accounts selected?

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through multiple transfers?

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how many days expected for stripe to be available (More or less)

versed zealot
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The transfer is happening up-front while the funds are still pending, so the funds are already in each of the connect accounts. When the original charge's funds are available, the funds in each connect account will also transition from pending to available

mighty perch
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oh, so connecting account will have the "virtual funds" in its balance, but the money wont be available for payout ? can users make a payout of that money to their banks?

versed zealot
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Users won't be able to payout those funds until they're available

mighty perch
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oh ok