When your pitch has closed, and all identity checks on investors have been completed, Crowdcube will trigger payment capture. This instructs Stripe to debit the payments cards of your investors, and transfer the captured funds directly to your bank account.
Stripe charges a fee for transferring payments. The fee is dependent on the amount of money being transferred and the type of payment card being used by the investor.
For UK debit card payments the fee is 0.5% of the funds transferred, and for European debit cards, the fee is 1.0%. For UK and European credit cards, the fee is 1.4%. For Amex cards, and any debit or credit card registered outside of Europe the fee is 2.9%. Stripe will deduct these fees from the amount paid to you when the funds are transferred.