Where are my funds kept?
Where proceeds from your card payments are held before they are paid to you
The card networks settle the proceeds from your credit card sales each day and deposit them in your acquirer's client funds account for safekeeping.
When your payment is due according to your settlement cycle (such as daily or weekly), your funds are sent directly from your acquirer's client funds account to your business bank account by SEPA or Faster Payments transfer and will normally be credited to your balance the same day.
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Updated 21 days ago
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