Your settlement payout time depends on the following factors:
Settlement time zone
By default, transactions are batched for an entire day (midnight to midnight) in UTC. If your settlement time zone is UTC, settlements are generated at 02:00am UTC. For other time zones, they're generated at 05:00am local time.
To manage your time zone, see Update settlement time zone.
Settlement speed
Your settlement speed varies by region and currency, ranging from minutes to days. It's usually represented as T+X, where:
- T is the transaction date.
- X is the number of business days until the funds are ready for settlement.
Settlement latency
Settlement latency is how long it takes the payment method to settle Checkout.com. This varies by payment method. For example:
- Credit cards – Up to seven days, depending on the country
- Bank transfers – Up to three days
- PayPal/Klarna – Up to three days
While payments are approved almost instantly, the settlement process typically takes one to three business days for most payment methods.