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How do my sellers withdraw their money?

Each payee has their own wallet that fills from splits. Once they've added and verified a bank account, their balance can be paid out to it — on your schedule or on request.

Each payee (seller) has their own wallet inside Fynex that fills up as your splits allocate money to them. To turn that balance into cash, the payee needs a verified bank account, and then their wallet balance can be paid out to it — either on a schedule you run, or when they request a withdrawal.

What has to be in place

  1. The payee is verified. A payee completes their individual verification before their first payout. See How do I add a payee — and what verification do they need?
  2. A bank account is added and approved. Like any payout account, a new one is reviewed once before its first use.
  3. There’s a balance to withdraw. Splits must have allocated money into the payee’s wallet.

How the money leaves

Once those are in place, the payee’s wallet balance is paid out to their bank account — in a supported payout currency (EUR, GBP, or USD). The withdrawal follows the same payout flow as your own, including approval and the usual statuses. See What are wallets and how does money move between them?

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Related
Split paymentsHow do split payments work?One incoming payment is divided automatically between the parties you choose — seller, platform, and Fynex — using a rule you set once. Splits can be percentages, fixed amounts, or a mix.Split paymentsHow do I add a payee — and what verification do they need?Add a payee in the Payees section and give them a role. Each payee is verified individually before their first payout — the same kind of check your own business went through.Split paymentsWhat are wallets and how does money move between them?A wallet is a balance inside Fynex, held per currency. Payments and splits move money into wallets; payouts move it out to a real bank account. Every movement is recorded, so balances always reconcile.
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