Our minimum threshold is the lowest amount that can be automatically transferred from your Flutterwave account to your bank account. Amounts below this cannot be settled unless by special request

Minimum settlement threshold per currency

A Nigerian merchant must have at least 100 Naira for settlement to occur, a U.S merchant must have $1,000 and a Kenyan merchant must have KES20, and so on.

The Minimum thresholds for each currency settlement are shown in the table below:

Note: this settlement threshold does not apply to Wallet settlements.

Does a non-U.S merchant who collects USD need to have a minimum of $1,000 to be settled?

No, if a Non-U.S Merchant collects payments in USD, they don’t need to have up to $1,000 to be settled if they’ll be settled in their local currency. So, if a Kenyan Merchant collects dollar payments, the dollar amount for the Kenyan only needs to be equivalent to or more than the KES minimum threshold (KES 20) to be settled.

Does the USD minimum threshold apply when a non-U.S merchant wants to be settled in USD?

Yes. If a non-US merchant wants to be settled in USD then the minimum threshold of $1000 applies. This means that as a Kenyan merchant if you choose to be settled in USD to your corporate domiciliary account then you need the minimum threshold of $1000 for settlement to occur.

Does the same USD rule above apply to GBP, EUR, ZAR and other currencies?

Yes. The minimum threshold applies for your local currency settlements regardless of what currency you receive payment in. The minimum threshold for the currency of your payment only applies when you choose to be settled in the same currency.