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Managing Transfers
Managing Transfers
Updated over a week ago

Transfers is where you can view every transfer made from your Anedot account to a bank account in the order they occurred. You can also review the status of a transfer from within the Finance>Transfers tab of your account.

Transfer Statuses:

  • Requested - A transfer has been initiated for the account.

  • Batched - When a transfer is batched, that means that the funds associated with the transfer are in transit to the bank account. Requested transfers typically take 2-3 business days to reach the bank account.

  • Released - Funds have been released to the bank account.

Transfers are automatically sent to the listed bank account at your chosen schedule of every 2, 7, or 30 days.

Once a transfer has been initiated, it typically takes 2-3 business days for your funds to land in your bank account.

Notice: Fees associated with the Billing Agreement will NOT be deducted from the Anedot fundraising account. Once your funds have been transferred and deposited to your bank account, an ACH debit will be issued to deduct the fees associated with the Billing Agreement. The ACH debit will then be deposited directly into the Vendor's account.
If the ACH debit for vendor fees is declined within the bank account, we will contact the Account Owner by email. If you have further questions, please contact our Billing team at [email protected] for further assistance. Declining the ACH debit will halt transfers of all funds for an account.

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