This article is for independent contractors who want to withdraw client payments before the payment due date.
With our early withdrawal feature, contractors can get access to their Deel balance instantly, even on weekends and holidays.
Please note that early withdrawals are not supported for Deel COR.
In this article:
How to qualify for early withdrawal
How to request an early withdrawal
How to qualify for early withdrawal
The availability of the early withdrawal feature is determined by internal algorithms and may be accessible up to 5 days before your payment due date. This timing can vary based on individual circumstances and payment cycles.
To qualify for early withdrawal, contractors must meet the following criteria:
- The client has paid the invoice in advance of the payment due date.
- Both the contractor and the client are KYC-verified.
- There are no outstanding Deel Advance repayments.
- For contractors, there has been at least 1 successful withdrawal.
- The contractor is not on a Deel COR contract.
How to request an early withdrawal
When this feature is available, the contractor will see a Withdraw Early option on the contract page. If the button is blue, the option is available. Simply click the button to initiate an early withdrawal.
There is a 1% fee up to a maximum of US $15 for this service. The contractor will be asked to confirm the fee as part of the process.
When this feature is used the contractor funds will be accessible immediately in the Deel balance, ready for withdrawal.
Please note that when withdrawing the funds the standard processing times for banks and partners will still apply.
Frequently Asked Questions
[ACCORDION]Why is the Withdrawal Early button greyed out?
Contractors may notice that the withdraw early button is greyed out on the contract page. There are a variety of reasons for this. Deel uses internal algorithms to determine when exactly the feature is available on a contract page.
It will usually be available up to 5 days before the contractor's scheduled payday but this can vary by individual and pay cycle.
If it's not there yet, keep checking back closer to the scheduled payday.
[ACCORDION] What is the difference between Early Withdrawal and Deel Advance?
Early Withdrawal is available up to 5 days before the payment due date. It makes funds immediately available to contractors in their Deel balance if certain conditions are met. The client must have initiated payment of the invoice, and Deel must have processed the payment.
Deel Advance is a payment advance on the next payment cycle. Please note that Early Withdrawal cannot be used if there is an outstanding Deel Advance repayment.