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How to manage negative balances

This article contains a video and step by step guide on how to manage negative balances in the Checkout.com Dashboard. 

00:00: Here, you'll see how to view and manage negative balances, and we'll go over how to

00:04: add funds to the account to cover the minus balance.

00:08: On the dashboard login page, enter your credentials and click the continue button to

00:12: access your account.

00:14: Click on the business account option on the left.

00:17: Now click on the balances tab from the drop down.

00:21: Click on the list view icon to see more details.

00:25: Select the entity name to view and manage the balance for this specific entity.

00:30: Locate the negative balance on the list and click on the three dots to the right.

00:36: Click add funds to add money to the account to cover the negative balance.

00:40: Use the dropdown arrow to select the sub-entity.

00:44: Select the specific negative balance sub-account where the system will redirect

00:48: your funds once received.

00:51: To clear everyday outgoing

00:52: transactions, select available balance as your chosen balance type.

00:58: Here, you need to choose your preferred

01:00: transfer type. Select local

01:02: if you want to make a domestic bank transfer within your country. Select

01:05: international if you want to transfer funds from a bank account outside of your

01:09: country.

01:11: View

01:11: the Checkout.com bank details on your screen to complete the payment from your bank

01:15: account. Then click Done.

01:18: Here, we've gone over how to address negative balances by adding funds to the

01:23: sub-account.

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