Payout management

We pay out all the funds available in your Yoola accounts every month (starting on the 20th day of the month). You can flexibly manage your payouts in the Payment Center.

Note: The editing of the payment details is not available during the payout period (from the 20th to the 1st day of the month). You won't have the opportunity to enable the Hold Funds feature and manage your payment details during this period.

Your balance shows all the funds in your Yoola accounts. These funds will be paid out using your payment details if the Hold Funds feature is disabled.

The Hold Funds feature allows you to accumulate money in your Yoola account and not withdraw funds every month. To enable this feature, you need to activate the corresponding slider.

You can disable this feature at any time before the payout period to withdraw all accumulated funds.

You can use any desired number of accounts to receive payments. For each account, you can set a monthly payment amount and priority of the added payment details. This allows you to transfer funds to different accounts according to the amounts and priorities you set.

To add new payment details, click “Add Payment Details” in the top right corner of the Payment Center.

Payment methods are divided into categories. Select the category corresponding to the payment details you want to add. The commission fees and minimum payment amount may vary for each method. Read the list of all methods, their features, and commission fees here.

When adding any payment details, you can set a monthly payout limit for this account, or disable it completely.

Payouts are distributed according to the priorities and monthly limits you can set. The first payment is made to the first account, up to the set limit. If your balance exceeds the monthly limit, the next payment is made to the second account in the list. And so on until you run out of funds on your Yoola balance or until all the limits are reached. In the second case, the remaining balance will stay in your Yoola account and will be paid out the following month.

Let's look at an example. In this case, if the payout balance is above $1200, you will receive $1200 in Bitcoin and the remaining amount in Ethereum.

Please note that if the account without a set monthly limit has a higher priority, all funds will be paid out to it. In the following case, $1200 in Bitcoin won't be transferred, as the entire payout balance will be sent in Ethereum.

The monthly limit is the maximum payout amount for each payment option within a payout period. This amount can be edited for each account. Simply click on the three dots to the right of your payment details and select the “Edit” option.

If you have several payment details added, you can prioritize them. Priority allows you to determine the order of payouts. This can be done by dragging the selected account higher or lower.

You can also deactivate any account to suspend payments to it. This feature can be used to skip a payment to a certain account in a particular period. You simply have to click on the slider next to the selected details.

Thus, the account will be deactivated and will lose its priority. It can be reactivated using the same slider when needed.

Don't forget to prioritize it after reactivation, as it will be automatically placed last in the list.