Your bitcoin payments, deposited directly into your bank account.

BitPay offers direct settlement via bank deposit, so you can receive funds in your local currency, bitcoin, 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 bitcoin wallet, according to your settlement preferences. Merchants on our Starter plan receive weekly bank settlements and daily bitcoin settlements.

We protect merchants on our platform by maintaining enterprise-level legal and compliance standards. 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 33 countries.

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

US Dollars (USD)

Settlement in USD is available via ACH to banks in the USA. Once 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.

Euros (EUR)

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

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

Once 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.

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.

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.

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 (BTC)

If you choose to take settlement in bitcoin, BitPay will forward bitcoin payments to your bitcoin address on file every day. The minimum balance you must have to receive settlement is 0.01 BTC.

Bitcoin Split 

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

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