Overview
Pre-funding is designed to help clients streamline payments for eligible services on Deel. However, its usage is subject to Deel’s T&Cs. Clients must follow platform-approved flows for how funds are used. Deel does not guarantee payroll disbursement unless the pre-funding has been properly applied and approved.
Please note that Deel does not pay the salaries of employees on payroll if the client has not funded the payroll on time.
This article provides a detailed guide on how clients can utilize the pre-funding feature.
Before Starting:
Limitations to Pre-funding
Clients may have the option to deposit funds in advance for upcoming payments. Pre-funding is not available in all jurisdictions and does not apply to all products or services. Limits and eligibility criteria may apply.
Deel reserves the right to modify or suspend pre-funding options at any time.
Please refer to the Terms and Conditions for full details.
- Pre-funding is not available for US Payroll or US-based Independent Contractors at this time.
- Clients can only pre-fund up to 4 payment months ahead, based on their average monthly payroll.
- Deel reserves the right to adjust, suspend, or revoke pre-funding access at any time.
- Pre-funded deposits must be actively used and cannot remain idle indefinitely.
Supported Currencies for Pre-funding
Bank Transfers: AUD, CAD, CHF, DKK, EUR, GBP, HKD, HUF, JPY, NOK, NZD, PLN, RON, SEK, SGD, TRY, USD, ZAR
Wise: AUD, BGN, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, JPY, MYR, NOK, NZD, PLN, RON, SEK, SGD, TRY, USD
In this article:
Withdrawing funds from pre-fund balance
Pre-funding an Account
Clients can easily pre-fund money on Deel before any payments are due, allowing them to draw from these funds for future payments.
This ensures that payments are settled automatically, enabling us to pay workers on time.
Clients can withdraw funds from their General Funds (Deel Balance) back to their bank account at any time.
Step 1 - Select Organization Settings, and then select the Billing & Payments option
Step 2 - Click View in the General Funds section
Step 3 - Select Top Up Balance to add funds
Step 4- Choose the entity, currency, and amount
This will generate a pre-funding statement, which is not a standard invoice. Instead, it serves as a request to deposit funds into your Deel general balance.
Once pre-funded, these funds can be applied toward future payments. At the end of the payroll cycle, when actual payments are due, clients will receive a separate invoice for services. If the invoice amount exceeds the pre-funded balance, Deel will prompt the client to pay the difference during the payment process.
Withdrawing Pre-balance Funds
Step 1 - Select Organization Settings, and then select the Billing & Payments card
Step 2 - Click View in the General Funds section
Step 3 - Select Withdraw Funds
Provide all relevant bank details and confirm.
By clicking on any transaction, clients will be able to download a withdrawal summary document.
Frequently Asked Questions
[ACCORDION]Is pre-funding available for US Payroll or US-based Independent Contractors?
No, pre-funding is not available for US Payroll employees or US-based Independent Contractors at this time.
[ACCORDION]Will clients receive an invoice when they pre-fund their accounts?
No, when a client uses pre-funding on their account, they will receive a statement to pay against rather than a standard invoice. This statement will include a line item labeled Funding Deposit.. If a client's invoice is higher than the amount they pre-funded, they'll be prompted to pay the difference when they process payment on Deel.
[ACCORDION] Can clients pre-fund in different currencies and have multiple balances in different currencies available?
Yes, clients can pre-fund their accounts and hold general funds in different currencies. Please note that pre-funding is only available in a few selected currencies.
[ACCORDION] Can clients set up automatic payments via pre-funding?
Yes, clients can set up automatic payments via pre-funding.
Check out our article on setting up Autopay.
[ACCORDION]Can clients transfer their existing balance from Deel Credits into pre-funding?
No, clients cannot transfer their existing Deel credits into pre-funding. Pre-funding can only be paid using a Bank Transfer or Wise. Existing balances cannot be used to cover pre-funding statements.
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