Audience: Couples

Summary: Prezola offers flexible and secure options for withdrawing your cash gift funds. You can withdraw money at any time, and your first two withdrawals are completely free. Additional transfers are subject to a small fee.

Withdrawal Options and Timeline

- You can withdraw funds at any time via the ‘Withdraw funds’ section in your dashboard.

- Most couples wait until after the wedding to withdraw their entire cash fund.

- Your balance will update in real time and show zero once the full amount is transferred, until new contributions arrive.

Free Transfers

Prezola provides two free cash transfers to your chosen bank account. These are designed to give you maximum flexibility and control over when you access your funds.

Additional Transfer Fees

If you wish to make more than two withdrawals, a small fee applies:

- The fee is 1.9% of the requested amount, capped at a maximum of £5 per transfer.

- This fee will be automatically deducted from the withdrawal amount at the time of processing.

Example: If you request £200 as a third withdrawal, a £3.80 fee would apply (1.9%). If you request £300 or more, the maximum fee of £5 will be applied.

Secure Fund Management

All cash contributions are held in a fully ring-fenced account, meaning they are protected and kept separate from operational funds, ensuring the safety and integrity of your money until you're ready to withdraw.

Chatbot Summary Version

Q: Is there a fee or timeline for withdrawing money?

A: You get two free withdrawals. Extra transfers cost 1.9% (up to £5) of the cost being requested and are deducted from the transfer amount. You can withdraw anytime via your dashboard.