How and When does GIVE.asia send donation payout to charities?
GIVE.asia settles donation payouts with charities on a monthly basis. Donations received by a charity within a calendar month, after deducting the payment processing fees and marketing fees if applicable, will be sent to its bank account by the 5th of the following month via bank transfer.
GIVE.asia's bank account is under DBS Singapore. Any bank transfers (especially to other banks) may take up to 5 days to complete. In general, donations made towards a charity in one calendar month should reach its bank account by the 10th of the following month.
Below is an illustration of the donation and payout timeline.