Dec 31, 2019 10:21:14 AM by NITIN KUMAR J
Hello all..
This seems to be a regular problem that I am facing.
UPwork auto-withdraws my earnings to my bank accounts on certain dates. However, I don't want this to happen. I would like to add my balances and retain them on UPwork to withdraw only when I require.
I have enabled the feature in settings that balances lesser than $1,000 should not be auto-withdrawn, but, it is still happening.
Not sure if I need to change any other settings as well.
Any ideas ?
Thanks in advance !
Solved! Go to Solution.
Dec 31, 2019 11:25:02 AM Edited Dec 31, 2019 11:25:24 AM by Aleksandar D
Hi NITIN,
Tiffany is correct, since Upwork is not a bank or payment transfer agency, we cannot maintain balances for more than 180 days, per our Terms of Service. Balances that are older than 180 days will be automatically sent to the freelancer even if they are smaller than what's selected in the Payment Schedule.
Thank you.
Dec 31, 2019 10:34:59 AM by Tiffany S
There's a limit on how long Upwork can hold funds, since it's not a bank. I think it's 180 days, but I'm not sure. There's nothing you can do to force them to hold money longer than that. The most control you have is to set the highest withdrawal limit and set automatic disbursements to quarterly, but when the timeline hits whatever that cutoff is, they're going to spit out your money if you haven't withdrawn it.
Dec 31, 2019 11:25:02 AM Edited Dec 31, 2019 11:25:24 AM by Aleksandar D
Hi NITIN,
Tiffany is correct, since Upwork is not a bank or payment transfer agency, we cannot maintain balances for more than 180 days, per our Terms of Service. Balances that are older than 180 days will be automatically sent to the freelancer even if they are smaller than what's selected in the Payment Schedule.
Thank you.