The funds in your Flutterwave Store balance can either be automatically settled to your bank account, or used for transfers. The Balances page on your dashboard shows the amounts you have in both the Collection balance and Payout balance for all the currencies we settle in.
What is my Collection balance?
Your Collection balance is how much you have received from your Flutterwave account. The money stays here until it's settled into your registered bank account or your payout balance.
What is my Payout balance?
Your Payout balance is the money available to you for transfer purposes. You can either send this money to your own bank account or to any bank account in any of the countries we support.
Note: There's a fee attached to each transfer, depending on the currency. Learn more on how to make transfers to bank accounts.