Transfer to bank account (payout)

To transfer some or all of the money from your Settle Account to your bank account, first you need to register your bank account in the app.

When you have a payout account registered you can transfer funds to this account from your Settle account(s) for free:

1. Open the main menu (from the bottom of the home screen)
2. Tap Transfer to Bank
3. Enter amount
4. Select the Settle account you want to pull money from
5. Select the payout account
6. Slide to Settle

Transfers are possible only to accounts issued by local banks within your jurisdiction. If the currency of the Settle Account is different from the currency of the bank account, Settle will always transfer money in the default currency of the jurisdiction, using the applicable exchange rate at the transaction moment.

Note that some banks are slow, and Settle has no control over the time it takes for the banks to credit your bank account. It can take up to 3 days. The moment your order is received and approved by our system it leaves our client account as soon as technically possible.