Settlement Term

Settlement Term	Description	add. fees
next day	Settlement happens on the next business days, although funds were not yet collected from the issuing banks yet.	2.00%
daily after 31 days	Settlement happens on a daily basis after an initial 31 days which is the standard settlement term from issuing banks.	none
previous week	We settle you every Monday for the previous week.	2.00%
previous month	We settle you on the 10th of each month for the previous month	2.00%
month before previous month	We settle you D+40 after month end	none
bi-weekly	We settle you bi-weekly on the 16th and 10th of each month for the previous two weeks	2.00%
bi-weekly after 31 days	We settle you bi-weekly with a delay of 31 days to be aligned with the settlement term from issuing banks	none

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