---
title: "Bank transfer - Meaning & GFN's Figure - Get Funded Now"
description: "A payout delivered to a bank account, either domestically through a local clearing system such as ACH or internationally by wire."
url: "https://getfundednow.com/glossary/bank-transfer"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/glossary/bank-transfer"
  pt-BR: "https://getfundednow.com/pt-br/glossary/bank-transfer"
  fr: "https://getfundednow.com/fr/glossary/bank-transfer"
  it: "https://getfundednow.com/it/glossary/bank-transfer"
  de: "https://getfundednow.com/de/glossary/bank-transfer"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Payouts and money

# Bank transfer

A payout delivered to a bank account, either domestically through a local clearing system such as ACH or internationally by wire. Wires are faster to arrive and usually carry higher fees.

Also called: ACH · Bank wire

GFN’s figure

ACH bank transfer and international bank wire are two of the three ways to receive a GFN payout through Rise (Riseworks). The receiving account must belong to the verified GFN account holder.

In detail

## Bank transfer, explained

Domestic rails are cheaper and settle in business days; international wires cross correspondent banks, so they can carry intermediary fees and a currency conversion that neither the firm nor the trader controls.

Bank details must match the verified account holder. A mismatch between the trading account name and the receiving account name stops a payout at the compliance stage rather than at the bank.

[Rules handbook](https://getfundednow.com/rules) · [More payouts and money](https://getfundednow.com/glossary/category/payouts)

Related

## Terms that come with it

Most rules only make sense next to the ones they interact with. These are the entries this one depends on.

- [Payout method](https://getfundednow.com/glossary/payout-method) - How a firm actually sends the money: bank transfer, wire, or a payments provider that offers several rails. The method determines the paperwork, the fees and how long the transfer takes.
- [Rise payout](https://getfundednow.com/glossary/rise-payout) - A payout processed through Rise (Riseworks), a payments platform used to pay contractors internationally. The trader signs a short contract in Rise, then chooses how the money is delivered.
- [Crypto payout](https://getfundednow.com/glossary/crypto-payout) - A payout delivered in cryptocurrency rather than to a bank account. It settles independently of banking hours and is common among firms paying traders in markets where international wires are slow.
- [Payout processing time](https://getfundednow.com/glossary/payout-processing-time) - The gap between requesting a payout and the money arriving. It covers the firm's review, any identity checks, the payment provider's own processing and finally the settlement time of the chosen rail.
- [KYC](https://getfundednow.com/glossary/kyc) - The process of confirming who owns an account, using identity documents and supporting information. It is required before money moves, and it is the most common cause of a delayed first payout.

Ready when you are

## Your capital stays yours. The risk is ours.

One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.

[Start your challenge →](https://getfundednow.com/challenges) · [Read the rules](https://getfundednow.com/faq)

No subscriptions or hidden fees

Payouts every 14 days

$400,000 max total allocation

---

Source: https://getfundednow.com/glossary/bank-transfer
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt