Settlement cycles depend on your business location and whether or not the payment was local or international.

Here's a quick breakdown of the terminology used in the schedule below:

• T- refers to the day a transaction or payment was carried out.

• (+ Number of Days) - refers to the number of days it takes for you to receive your payment.

Settlement schedule in practice

If a business in Ghana receives an international payment through Flutterwave on their website when they sign into their Flutterwave dashboard, the payment will be available in their Ledger Balancebut not their Available Balance. The payment will be subsequently moved to their Available Balance or paid directly into the business bank account within 5 days from when the payment was made. This merchant's settlement cycle is thus T+5.

Your ledger balance reflects the total value of payments that have been received at the time, it can also be known as your current balance. Your available balance refers to the funds that are available to you for transfers or payouts on your Flutterwave dashboard.

Flutterwave's global settlement schedule

Additional Information

For Nigerian merchants, all transactions originating from a Naira card will be settled in Naira irrespective of the currency used in purchasing. This is in line with the dollarisation policy in Nigeria.