Local Payment methods
Overview
A comprehensive overview of local payout methods across various currencies, including processing times, cutoff times, and transaction limits.
Local payout methods are optimized to ensure swift and reliable transactions for each currency.
| Currency (ISO) | Payment Method | Minimum Transaction Limit | Maximum Transaction Limit | Local Cutoff Time UTC | Transaction Timeline | Local Cutoff Time CET | Local Cutoff Time SGT |
|---|---|---|---|---|---|---|---|
| Euro (EUR) | SEPA SCT | 1 | No Limit | 12:00 | T+0 | 13:00 | 20:00 |
| UK Sterling (GBP) | CHAPS RTGS | 1 | No Limit | 15:45 | T+0 | 16:45 | 23:45 |
| UK Sterling (GBP) | Local (Faster Payments) | 1 | 1,000,000 | 24/7 | T+0 | 01:00 | 08:00 |
| Australian Dollar (AUD)** | Direct Entry (DE) | 1 | 2,000,000 | 12:30 | T+2 hrs | T+12 hrs |
**Note: DE batches are updated typically 6 times a day. Timings may vary but it's typically around: 10:00 am AEST, 1:00 pm AEST, 4:00 pm AEST, 6:30 pm AEST, 08:45 pm AEST and 10:30 pm AEST on banking business days.
So we request you to give it some time until the funds are credited to you local wallet in AUD.
Updated 3 months ago