Time required to credit the bank account
All payments received during a given day are sent in a single wire transfer to the bank account indicated by the merchant on the following business day. You will receive the net amount (that is, the sum of Satispay payments received minus any fees incurred).
If you wish, you can change the frequency of the transfers directly from the Dashboard (under Payouts > Configure Payouts) by choosing:
- bi-weekly transfers - in this way you will receive two bank transfers per week, on Mondays and Wednesdays;
- weekly transfer - you will receive a transfer every Monday;
- monthly transfer - the bank transfer will be issued on the first working day of the month.
Note: Before making the bank transfers, Satispay may request further documentation in order to verify the indicated IBAN.