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Withdraw Funds

After MusicLancers receive their payment from employers, they might need to withdraw the amount from their account.

Step 1 - Raising Withdraw request

Let us assume a MusicLancer has $1000 in his account and wants to withdraw the amount. The first step is raising request to the site administrator. MusicLancer.US supports withdrawal to PayPal only.

In the above page, enter the amount you want to withdraw (say $1000) and click the Submit button. A notification email will be sent to the site administrator.

Step 2 - Sending money manually

Upon the notification email, the admin will transfer the requested amount 1) manually to the details entered by the user in Step 1.

Note: Withdrawal of funds is always a manual process only and it cannot be automated. The reason is, if a user wants to withdraw $1000 to his PayPal account, it is not possible to automatically transfer the amount from MusicLancers.US PayPal account to the freelancer's account.

Step 3 - Confirming the transaction

As soon as admin approves the request, a confirmation email will be sent to the MusicLancer. He will have to check his account if the amount is received.

1) Admin need not transfer the entire requested amount. If there is withdrawal fee, he will less it and send to the remaining funds to the user.

 

 

Last modified onMonday, 13 October 2014 04:09
More in this category: « Posting Projects Fees & Charges »

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