When logged into your Dwolla account, you will notice a “Balance” on the left hand side of your dashboard. When you are sent funds they will appear in this box with the option to “Withdraw”. To withdraw funds you must have a funding source (link) linked to your account that funds can be withdrawn to. To enable Auto-Withdraw (link) so you don’t have to manually withdraw every time you receive funds please follow the steps below.

  1. Click on your avatar in the upper right hand side of your screen.

  2. Click on “Settings”

  3. Click on “Features”

  4. Enable the Auto-Withdrawal option

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Financial institutions play an important role in the Dwolla network.

Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.