At Deel, we are committed to maintaining transparency and complying with all financial regulations, particularly when managing larger transactions.
Additional Reviews for Large Withdrawals
If the withdrawal amount exceeds a certain threshold, it will be subject to additional review as part of our compliance with financial regulations. This review may involve verifying the source of the funds (was it a bonus, an off-cycle, etc), checking transaction details, and ensuring all regulatory requirements are fulfilled. The purpose of this process is to safeguard funds and ensure adherence to anti-fraud and financial crime prevention measures.
Case-by-Case Evaluation
Each withdrawal is unique, and while some transactions may be processed swiftly, others might require additional documentation or further review. Depending on the specifics of the transaction, users may be asked to provide further information.
Regulatory Compliance
These checks are conducted in line with global financial regulations. While delays may occur due to these additional reviews, they are implemented to protect both users and the platform's integrity.
We are constantly refining this process to maintain the highest standards of financial security while ensuring a smooth experience.
Once the review process has begun, contractors can track its progress via the My ongoing process section on their homepage.
What to Expect
- Communication: If a withdrawal is flagged for review, clients will be notified of the next steps needed to proceed
- Documentation: Additional documentation or information may be required to validate the transaction in certain cases
- Timing: While most reviews are completed within standard processing times, larger transactions may take up to five days for compliance checks