Once a tenant pays through Re-Leased Pay, funds are processed by Stripe and paid out to your nominated bank account on a regular schedule. Payout timing varies by country and payment method.
Credit and Debit Card Payout Schedule
For your first payout, allow up to 7 calendar days from the date of payment. After the first payout, the standard schedule per country is:
Country | Payout Schedule |
Australia | 2 business days |
New Zealand | 4 business days |
United Kingdom | 7 calendar days |
Ireland | 7 calendar days |
United States | 2 business days |
Canada | 7 business days |
Direct Debit Processing and Payout Schedule
Direct Debit payments have two timeframes: a processing period while Stripe settles the payment, followed by the standard payout schedule to your bank account.
Country | Direct Debit Type | Processing Timeframe | Payout Schedule |
Australia | BECS Direct Debit | Up to 4 business days | Up to 2 business days |
New Zealand | BECS Direct Debit | Up to 4 business days | Up to 2 business days |
United Kingdom | Bacs Direct Debit | Up to 3 business days | Up to 3 business days |
United States | ACH | Up to 4 business days | Up to 3 business days |
Canada | Pre-Authorised Debit | Up to 5 business days | Up to 7 business days |
Once the payout schedule is active, you will receive payouts daily when funds have been processed. A single payout may include payments from multiple invoices.