Issuance Documentation
  • Issuer Documentation
  • Issuer Profiles and Accounts
    • Issuer Profile
      • Issuer Onboarding
      • Managing Issuer Accounts on an Issuer Profile
      • Payouts
    • Issuer Account
      • Creating and Logging Into an Issuer Account
      • Issuer Account Settings
    • Platform Self Serve Guide
    • Changes to the Platform
  • Offerings
    • Overview
    • Regulation A
      • Creating a Regulation A Offering
      • Managing Regulation A Investments
      • Regulation A Settings
    • Regulation CF
      • Creating a Regulation CF Offering
      • Managing Regulation CF Investments
      • Regulation CF Settings
      • Escrow Closing Process
      • Refund Processing
    • Regulation D 506(b)
      • Creating a Regulation D 506(b) Offering
      • Managing Regulation D 506(b) Investments
      • Regulation D 506(b) Settings
    • Regulation D 506(c)
      • Creating a Regulation D 506(c) Offering
      • Managing Regulation D 506(c) Investments
      • Regulation D 506(c) Settings
    • Regulation S
      • Creating a Regulation S Offering
      • Managing Regulation S Investments
      • Regulation S Settings
  • Offering Analytics and Reports
    • Offering Analytics
    • Offering Reports
  • INVESTOR PAYMENT METHODS
    • Page 1
  • API
    • Issuer API
    • Third Party API
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  2. Regulation CF

Refund Processing

This section provides information on how refunds are processed for Regulation CF investments.

Refunds

Once an investment reaches escrow, refunds are handled by North Capital. Once you click cancel (refund) on the portal, North Capital will reach out to the investor using the contact information provided when creating their investment (typically email) in order to arrange sending the refund via bank transfer. The investor will receive a secure DocuSign to enter their bank account information.

The exception is that if the refund is initiated before midnight UTC (around 5pm EST) on the same day the funds were received, the refund will occur instantly through Stripe because the funds had not been transferred to escrow yet.

Last updated 6 months ago