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How long does it take to receive payments from team members?
How long does it take to receive payments from team members?
Sarah Stocks avatar
Written by Sarah Stocks
Updated over 3 years ago

After a team member makes their payment, it usually takes 1-3 business days for the money to reach your nominated bank account.

Your first payment request via Teammo may take an extra business day due to standard KYC verification checks conducted on all accounts.

Payout timing summary

First time receiving funds

2-3 business days

All other payouts

1-3 business days

Our payment processor sends out funds in daily batches. This means you will receive payments from team members as they come through. You do not need to wait for all payments to be made from your team for money to reach your bank account. 

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