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INTEGRATION
PAYMENT FEATURES
AFTER PAYMENT
Receiving Settlements
All businesses on SeerBit are paid automatically, this means as a SeerBit Merchant you do not have to request for your business settlement. After deducting our charges, we pay the entire sum of transactions received in a day into your bank account. However, settlements availability depends on some factors such as the business country and industry your business is operating in.
When does a merchant receive their settlement?
Naira transactions are on a settlements schedule of T+1 - this means that we automatically pay the total sum received to the merchant on the next working day after the transaction day.
All body parameters are required
International settlement in Nigeria?
To get your settlements for USD transactions you will need a United Bank for Africa Domiciliary account.
Global Settlement Schedule:
Country
Local Payments
International Payments
Nigeria
Next Day Settlement ( T + 1 )
5 days from when transaction was done ( T + 5 )
Ghana
Next Day Settlement ( T + 2 )
5 days from when transaction was done ( T + 5 )
Kenya
Next Day Settlement ( T + 1 )
5 days from when transaction was done ( T + 5 )
Uganda
Next Day Settlement ( T + 2 )
5 days from when transaction was done ( T + 5 )
Tanzania
Next Day Settlement ( T + 1 )
5 days from when transaction was done ( T + 5 )
Ivory Coast
Next Day Settlement ( T + 2 )
5 days from when transaction was done ( T + 5 )
Senegal
Next Day Settlement ( T + 1 )
5 days from when transaction was done ( T + 5 )
Cameroon
Next Day Settlement ( T + 2 )
5 days from when transaction was done ( T + 5 )
Need something else?
If you have any questions or need general help, visit our support page
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