We pay out every month on the 1st of the month, just like you would receive a salary.
Note that you can only be paid out if
1) the Course you've sold has been completed, i.e. if there are no more outstanding Sessions for that Course and the Course end date has not been reached yet OR the Course end date has been reached, and
2) you have requested payment for that Course by clicking the "request payment" button on your Financial Transactions overview page.
Only when you click the request payment button for a completed Course, it will be included in your next payment because we want to give you the option to "aggregate" your incoming payments in order to reduce the bank charges you will incur from receiving your payments made by us. Banks charge money for every transfer and on our platform these are borne by the receiver. Therefore we, 5StarTeachers, bear the bank charges from the payments made by the Students, and you, the Teacher, bears the bank charges from the payments made by us, 5StarTeachers. The fewer transfers you have, the lower your overall bank charge will be, and the more money you get to keep.
