![]() ![]() The type of business and the country you’re in can also affect payout timing. Most banks deposit payouts into your bank account as soon as they receive them, though some might take a few extra days to make them available. However, if you use a daily automatic payout schedule with a T+3 speed, Stripe pays out funds daily from transactions captured 3 business days earlier. If your Stripe account is in a country with a T+3 standard payout speed and you use a manual payout schedule, your Stripe balance is available for payout within three business days of capturing a payment. In Stripe, “T” refers to the transaction time, which indicates the time of the original payment confirmation or capture, and the counting starts earlier. Some payment processors might start “T” from their internal settlement time, meaning when the funds land in their bank accounts. The payout speed varies per country and is typically expressed as T+X days. ![]() While payout schedule refers to the cadence your funds are paid out on (for example, day of the week), payout speed refers to the amount of time it takes for your funds to become available. Manual payouts are available in all regions except Brazil and India, where payouts are always automatic and daily. You can do this either in the Dashboard or by creating payouts using the API. If you turn off automatic payouts in the Dashboard, you must manually send funds to your bank account. In Japan, daily payouts aren’t available.In Brazil and India, payouts are always automatic and daily.For example, if your account operates on a daily payout schedule with a 3 business day payout speed, Stripe pays out funds daily from transactions captured 3 business days earlier.Ĭertain countries have restrictions on payout schedules: However, it allows you to control when your payouts occur. When you select a payout schedule, it doesn’t change how long it takes your pending balance to become available. When selecting a weekly or monthly schedule, you can specify the day of the week or month that you want payouts to arrive in your bank account. You can change this in the Dashboard to weekly automatic, monthly automatic, or manual payouts. In supported countries, your default payout schedule is daily automatic. Your payout schedule refers to how often Stripe sends money to your bank account. As a result, the processed date might not be the same as your local time zone. Payout schedule Time zone differenceĪll payments and payouts are processed according to UTC time except for Asia-Pacific (APAC) markets. You can manage your bank accounts and default settlement currency by visiting Bank accounts and scheduling in the Dashboard. USD payments (where USD is the presentment currency) are automatically paid out to the USD bank account without conversion, whereas payments in all other currencies are converted into GBP. ![]() However, payments presented in a currency that you haven’t configured an additional bank account for automatically convert to your default currency.įor example, consider a Stripe user in the United Kingdom who has added both GBP and USD bank accounts, with GBP selected as the default settlement currency. If you use multiple bank accounts, you must select a default settlement currency, which you can change at any time.Ĭharges that are presented in any enabled settlement currency settle without currency conversion. You can add one bank account per supported settlement currency. In some countries, Stripe users can add extra bank accounts to enable settlements and payouts in additional currencies. Multiple bank accounts for different settlement currencies Use the following table to see the required bank details for specific countries:Ĭan be paid out to banks in these countriesĪcquiring fees, where applicable, are based on the settlement currency, and you can find these acquiring fees listed out by currency on your country’s pricing page. To modify your banking information, click the Edit button next to the desired bank account. Based on your bank’s location, Stripe might require different kinds of account details to activate your bank account. You can update your account details or add a new bank account using the Payout settings in the Dashboard. If you’re a Connect platform, see Connect payouts. To see a comprehensive list of your payouts, along with the expected dates of deposit into your bank account, use the Dashboard. Subsequent payouts follow the schedule that you define in your account’s payout schedule. In some cases, the first payout might take longer depending on the country of operation or industry risk level. Typically, when you start processing live payments, Stripe schedules your initial payout for 7–14 days after you successfully receive your first payment. Payout availability varies depending on your industry and country of operation. For more information, see our Payouts FAQ and pricing guide.
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