# Schedules \[Recur a transfer on an interval, like payroll]

A schedule creates a transfer on a daily, weekly, or monthly interval from a chosen account, paying pre-defined amounts to one or more recipients. Use it for payroll, topping up sub-accounts, or diversifying assets on a cadence.

Each occurrence is a **draft proposal, not an executed transaction**: funds are self-custodied, so the account's signers still approve every one at its [threshold](/accounts/thresholds). Drafts are generated daily at 11:00 UTC, the account's signers are emailed when one is ready, and reminders follow while a draft sits unsigned.

Schedules handle transfers only; they can't run swaps or custom transactions. [Owners](/teams/roles) create, edit, pause, and delete schedules from the *Schedules* page; any member can view them.