Understanding WeTeachMe's fund withdrawal policy helps you manage your payouts effectively. Here's a breakdown of when your withdrawal requests are processed, cut-off times, and other important details.
When withdrawal requests are processed.
All withdrawal requests are processed weekly on Fridays, end-of-day.
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Cut-off Time: To be included in the week's withdrawal batch, requests must be submitted by Friday, 4 PM AEST.
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Fund Arrival: Please allow 3-5 business days for funds to appear in your designated bank account.
If you require a withdrawal outside the standard weekly processing time (Friday's end-of-day), please contact support@weteachme.com. There will be a $10 admin fee for processing the request.
Note that it may take up to 1-2 business days to receive funds [3-5 days for NZ account].
IMPORTANT: For accounts created before August 22nd, 2019, that are now marked as INACTIVE, funds will be held until gift vouchers, credit notes, and other pending bookings are settled.