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Create a payout from your issuing balance

Learn how to create a payout from your issuing balance to withdraw funds.

J
Written by Jack
Updated yesterday

Users with the Manage Cards user permission can withdraw funds from the issuing balance to the bank account associated with the account set up with Stripe.

Note:

  • Before withdrawing funds from the issuing balance, we recommend that sufficient funds are in place to ensure that cardholders don't receive a "declined" message when making transactions due to insufficient funds.

  • Once a payout request has been created, funds will appear in the bank account associated with the ExpenseIn Cards account within 3 business days.

To withdraw funds from the issuing balance, follow the steps below:


1. Go to the Cards module and click Manage.

2. By default, you'll be taken to the Account page in the Manage section.

3. Click New Payout (under your Available Balance in the Balance section).

4. On the pop-up window, check the registered account details are correct, then enter the Amount you’d like to withdraw and enter a Reference (this will be the statement description that will appear on your bank statement).

5. Click Submit.

You'll see a banner at the top of the page to confirm the payout has been created, and the payout request will be made.

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