All rent, salary, or invoice payments can be scheduled as either a One-Time payment or Recurring payment that occurs on a weekly or monthly basis. Schedule your payments according to the day you want your landlord, employee, or supplier to receive the funds.
A One-Time payment is a single charge and the funds will reach your recipient on the payout date you selected.
Recurring payments will automatically pay your recipient on a certain day (weekly or monthly). Your card will be charged in advance based on the schedule you have chosen. Please see below the settlement times for your country.
For example, if you schedule a recurring rent payment to be made to your landlord on the 28th of every month from January 2022 to January 2023, your card will be charged 1 business day before the 28th of the month. If the 28th falls on a non-business day (Saturday, Sunday, or Public Holiday), your charge date and payout date will automatically adjust so your landlord receives the funds the last business day before the due date. (e.g. 28 May falls on a Saturday, your landlord will receive the funds on Friday 27 May and your card will be charged on Thursday 26 May)
Please note that the above example is for settlement time in Singapore. Please see below the settlement times for your country.
Payment Country | Currency | Scheduled Settlement Time |
Singapore | Singapore Dollar (SGD$) | 1 Business Day |
Australia | Australia Dollar (AUD$) | 1 Business Day |
Hong Kong | Hong Kong Dollar (HKD$) | 2 Business Days |
Malaysia | Malaysia Ringgit (MYR) | 2 Business Days |