Banking & Settlements

Your bitcoin payments, deposited directly into your bank account.

Bank Deposits

Settlement payments for Business and Enterprise merchants 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. BitPay issues bank settlements for Starter plan merchants on a weekly basis.

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.

Currencies & Settlement Details

BitPay supports settlement in 8 currencies and direct bank deposit in 38 countries. Bitcoin settlements are supported in 240 countries. Please pick your location to see minimum settlement amounts and deposit timings.

US Dollars (USD)
Settlement Timing

Settlement in USD is available via ACH to banks in the USA, and will appear in your bank account after 2 business days.

Minimum Settlement

The minimum settlement is 20 USD.

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    US Dollars (USD)

    Settlement in USD is available via ACH to banks in the USA. Once a settlement payment has been issued, funds will appear in your bank account after two business days. The minimum settlement is 20 USD.

    Australian Dollars (AUD)

    The minimum settlement is 1,000 AUD. Settlement will appear in your bank account after two business days.

    Pounds Sterling (GBP)

    The minimum settlement is 1,000 GBP. Settlement will appear in your bank account after two business days.

    Mexican Pesos (MXN)

    The minimum settlement is 1,500 MXN. Settlement will appear in your bank account after two business days.

    New Zealand Dollar (NZD)

    The minimum settlement is 1,000 NZD. 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 on a daily basis. The minimum settlement is 0.01 BTC.

    Euros (EUR)

    Once a settlement payment has been issued, funds will appear in your bank account after one business day. The minimum settlement is 20 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
    South African Rand (ZAR)

    The minimum settlement is 10,000 ZAR. Settlement will appear in your bank account after two business days.

Bitcoin Settlements

Bitcoin settlements are supported in 240 countries, and you can choose to take any percentage of your settlement in bitcoin. Settlement is paid daily to your bitcoin address on file. The minimum settlement is 0.01 BTC.

Exchange Rates

Merchants who generate invoices in a currency different from their settlement currency will receive the exchange rate as calculated at the time the invoice was generated, using the rates provided by openexchangerates.org.

Changing Your Settlement Settings

You can log into your BitPay merchant dashboard to set up the bank account and bitcoin address you want to use to receive settlement from BitPay. You can also select the percentage of bitcoin and local currency you wish to receive in your settlements from BitPay.