Your cryptocurrency payments, deposited directly into your bank account.

BitPay offers direct settlement via bank deposit, so you can receive funds in your local currency, cryptocurrency, or a mix of the two.

Settlement & Bank Deposit

Settlement payments for Business and Enterprise users happen automatically, every business day. BitPay collects and deposits all payments processed from the previous business day directly to your bank or cryptocurrency wallet according to your settlement preferences. We maintain enterprise-level legal and compliance standards to protect merchants on our platform. Tiered processing limits apply based on verification level; these limits can be raised through compliance verification.

Settlement Currencies

BitPay supports settlement in 9 currencies and direct bank deposit in 37 countries. Bitcoin and Bitcoin Cash settlements are supported in 240 countries.

• Cryptocurrency - Bitcoin (BTC) and Bitcoin Cash (BCH)
• AUD - Australian Dollars
• EUR - Euros
• GBP - Pounds Sterling
• MXN - Mexican Pesos
• NZD - New Zealand Dollar
• USD - US Dollars
• ZAR - South African Rand

Cryptocurrency (BTC & BCH)

If you choose to take settlement in Bitcoin or Bitcoin Cash, BitPay will process settlement daily to the wallet address you specify. The minimum balance you must have to receive settlement is 0.01 BTC or BCH. 

Australian Dollars (AUD)

The minimum balance you must have to receive settlement is 1,000 AUD. Settlement will appear in your bank account after two business days.

Euros (EUR)

Settlement in EUR is available via SEPA transfer to the below countries:

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Great Britain
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Liechtenstein
• Lithuania
• Luxembourg
• Malta
• Monaco
• Netherlands
• Norway
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
• Switzerland

After a settlement payment has been issued, funds will appear in your bank account after one business day. The minimum balance you must have to receive settlement is 20 EUR. 

Pounds Sterling (GBP)

The minimum balance you must have to receive settlement is 1,000 GBP. Settlement will appear in your bank account after two business days.

Mexican Pesos (MXN)

The minimum balance you must have to receive settlement is 10,000 MXN. Settlement will appear in your bank account after two business days.

New Zealand Dollar (NZD)

The minimum balance you must have to receive settlement is 1,000 NZD. Settlement will appear in your bank account after two business days.

US Dollars (USD)

Settlement in USD is available via ACH to banks in the USA. After a settlement payment is issued, funds will appear in your bank account after two business days. The minimum balance you must have to receive settlement is 20 USD.

South African Rand (ZAR)

The minimum balance you must have to receive settlement is 10,000 ZAR. Settlement will appear in your bank account after two business days.

Bitcoin or Bitcoin Cash Split 

Many merchants choose to take a percentage of their settlement in Bitcoin or Bitcoin Cash. This can be done by taking a Bitcoin Split or Bitcoin Cash Split. You can choose to take any percentage – or all of it – in Bitcoin or Bitcoin Cash. You can set up a Bitcoin Split or Bitcoin Cash Split in your Settlement settings. Settlement is paid daily to your wallet address on file.

BitPay offers settlement in up to two currencies, but they can only be one fiat and one cryptocurrency. This means, for example, that you may have 30% USD and 70% BCH settlement. You may not have settlement set up for multiple fiat currencies or multiple cryptocurrencies. For example, a merchant in the United Kingdom may only have EUR or GBP settlement, not both, though both currencies are settlement options for a merchant located in the UK.

Watch our FAQ video for instructions on how to manage your bitcoin settlement.