When adding funds to your Checkout Business Account, you can allocate them to either your Available balance or Operational balance based on your needs:
Available balance
- Purpose: Used for payment processing and Checkout.com’s settlements to you. Any unused funds from your top-up in your available balance will be settled back to you in your next settlement.
- Ideal for: One-time top-ups, such as clearing a negative balance due to refunds.
Operational balance
- Purpose: Acts as a backup supply of funds when the Available balance does not have sufficient funds to process payouts. This balance is not included in Checkout.com’s settlements.
- Ideal for: Businesses processing payouts through Checkout.com, particularly if you have periodic settlements. Since settlements reduce your available balance, an operational balance helps maintain funds for payout processing.
Managing Operational balance
You can top up the Operational balance for each sub-account individually, or you can enable Funds Pooling to add funds to a single Operational balance that can be shared across multiple sub-accounts within the same entity. Note that Operational balances cannot be shared across multiple entities.
Currently, a top-up is the only way to add funds to your Operational balance. It’s not yet possible to use funds from the payments you accept with Checkout.com to fund your Operational balance.