If the gift day is the 31st and the current month has less than 31 days, the gift will process on the last day of the month. For the 29th, this is only true once a year, but for the 31st, the date will fluctuate often. Here is an example that has a gift day of the 31st:
- Original gift January 31st
- Second gift Febrary 28th/29th (depending on Leap Year)
- Third gift March 31st
- Fourth gift April 30th
- Fifth gift May 31st etc.