How do settlements work?

When customers pay you, the money is held in your Rave account. We automatically settle this money (minus applicable processing fees) to your bank account according to the settlement schedule, depending on whether they are local or international payments.

  • You can see the details of your last settlement and next settlement at the bottom of the page.

If you prefer to accumulate funds and withdraw your funds to your bank account at your own pace (e.g weekly, monthly), kindly read this article on  manual settlements.

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