Benefits of Same Day Settlement: You made the sale, so why wouldn’t you want your funds straight away? Your cash flow will be improved with Same Day Settlement, you can settle your accounts faster
Same Day Settlement: Same Day Settlement (also known as ‘Faster Payments’) is processing service provided by RMS which allows customers to receive their GBP funds from card transactions in a matter
Next Day Settlement: Customers can receive next day funding from their card machine if they complete their batch (end of day banking) before 01:45am. Support
Removing Same Day Settlement: Yes, you can remove Same Day Settlement at any time. You must provide us with 30 days' notice for us to remove the service from your account. Support
Charges for Same Day Settlement: Yes. There is a small extra charge for the benefit of faster payments. Faster payments cost just £2.95 per month plus £0.30 per batch. Support
Cut off time for Same Day Settlement: If you batch your card terminal before 3pm, the funds will go into your bank account before the end of the same day. If you batch your terminal any later, the