8/2/2023 0 Comments Paid dailyAccelerated Payout Speeds in Europe and Canada 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 may take a few extra days to make them available. For example, if your Stripe account is based in a country with a T+3 standard payout speed and you’re on a manual payout schedule, your Stripe balance will be available to payout within 3 business days from the time you captured a payment if you’re on daily automatic payout schedule at a T+3 speed, the funds paid out daily would be from 3 business days preceding. At Stripe, we start counting sooner and “T” refers to transaction time, meaning the time of initial payment confirmation or capture. Some payment processors may 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.
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