To avoid incurring hefty bank fees for small transfers, we wait until at least US$500 in contributions have accumulated before transferring funds. Once your account reaches that amount, we transfer the funds to you in the following month.
If the accumulated total contribution amount for your organisation is less than US$500, B1G1 Giving will rollover the remittance to the next month. Remittances are made on the 20th (or within five days) of each month for the previous month’s contributions. The reason we wait for an accumulation of at least US$500 in funds is to ensure that fixed bank transfer fees are not squandered on small remittances.