Settlements

The Settlement page outlines when funds collected via SecurePay are transferred (settled) to your account. Understanding cut-off times and settlement initiation ensures you know exactly when you’ll receive your payments.


Cut-Off & Settlement Timing

Day
Cut-Off Time (MYT)
Settlement Initiated
Notes

Monday

Before 11:59 PM

Tuesday (by 11:00 AM)

Tuesday

Before 11:59 PM

Wednesday (by 11:00 AM)

Wednesday

Before 11:59 PM

Thursday (by 11:00 AM)

Thursday

Before 11:59 PM

Friday (by 11:00 AM)

Friday

Before 11:59 PM

Monday (by 11:00 AM)

Weekends rolled over

Saturday

Before 11:59 PM

Monday (by 11:00 AM)

Sunday

Before 11:59 PM

Monday (by 11:00 AM)

Note: These times apply only on working days. If a settlement day falls on a public holiday, the initiation shifts further to the next working day.


How It Works

  1. All payments made before the daily cut-off time are eligible for the next settlement run.

  2. Settlement is not processed on weekends or public holidays — those get deferred to the next working day.


Example Scenarios

  • A payment completed on Tuesday at 10:30 PM — settlement will be initiated Wednesday.

  • A payment completed on Saturday at 8:00 PM — it is past cut-off for the business day, so it will be included in the next cycle, which is Monday initiation.

  • If Monday is a public holiday, then settlement is delayed until Tuesday.


Best Practices & Tips

  • Always aim to complete transactions before 11:59 PM server time to ensure same-day eligibility.

  • Monitor your public holiday calendar since settlements are postponed on non-working days.

  • Contact support if your settlement doesn’t arrive within expected windows — there may be bank delays or adjustments

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