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Receiving Pledges

## Transfer Procedure There are two ways in which pledges can be transferred to a bank account. - Manual - Automatic ### Manual Pledges can be transferred manually if the below conditions are met. - 30 days have passed since the approval of the sponsor. - The total amount pledged is more than 10,000 JPY. The handling fee is included in the total pledged amount. If the total pledged amount is less than 10,000 JPY, it will be handled via automatic transfer. The procedure for manually transferring pledges is as follows. 1. While logged in, access []( 2. Click on the "Sponsor" tab. 3. Click "Transfer". 4. When the dialogue box appears, confirm that the correct amount is displayed and click "Transfer". ![](/assets/figures/help/en/sponsor-tier.png) It may take a few days for the amount to appear in your account. ### Automatic Regardless of the pledged amount, pledges will be automatically transferred to your registered account once 80 days have passed since the sponsor was approved. When an automatic transfer takes place, all pledges for applications that were approved more than 30 days prior will be transferred at the same time. For example: A. 20,000 JPY pledge; application approved 20 days prior. B. 1,000 JPY pledge; application approved 40 days prior. C. 8,000 JPY pledge; application approved 80 days prior. If you have accepted the above three pledges, C will be automatically transferred because 80 days have passed since the application was approved. B will be transferred at the same time, as more than 30 days have passed since it was approved. A will not be transferred. Although the pledged amount is in excess of 10,000 JPY, 30 days have not passed since the application was approved. ## Handling Fees Sponsors pay a certain amount of money, called a pledge. The pledge, minus handling fees, will be transferred to the bank account linked by the organizer. There are two main types of handling fees. - Platform fee - Transaction fee ### Platform fee Once the organizer approves a sponsor application, the pledged amount will be transferred from the sponsor into the organizer's Stripe account. At that time, a 15% platform fee will be deducted from the pledged amount. ### Transaction fee The transaction fee reflects the cost of the transfer to your bank account. A fee of 250 JPY will be charged for each transfer.