This article is for independent contractors who want to withdraw client payments before the payment due date.
With our early withdrawal feature, you can get access to your Deel balance instantly, even on weekends and holidays.
In this article:
How to qualify for early withdrawal
Internal algorithms determine when the early withdrawal feature is available to you.
This option may be available up to 5 days before your payment due date. This will vary by individual and payment cycles.
The following criteria must be met in order to qualify for an early withdrawal:
- Your client has paid your invoice in advance of the payment due date
- Both you and your client are KYC-verified
- You do not have any outstanding Deel Advance repayments
- For contractors, you have had at least 1 successful withdrawal
How to request an early withdrawal
When this feature is available, you will see a Withdraw Early option on your 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. You will be asked to confirm the fee as part of the process.
When you use this feature your funds will be accessible immediately in your Deel balance, ready for you to withdraw.
Please note that when withdrawing your funds the standard processing times for banks and partners will still apply.
Frequently Asked Questions
Why can't I click on the Withdrawal Early button?
You may notice that the withdraw early button is greyed out on your 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 your scheduled payday but this can vary by individual and pay cycle.
If it's not there yet, keep checking back closer to your scheduled payday.
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 you in your Deel balance if certain conditions are met. Your client must have initiated payment of your invoice, and Deel must have processed the payment.
Deel Advance is a payment advance on your next payment cycle. Please note that you cannot use Early Withdrawal if you have an outstanding Deel Advance repayment.