Banking & Settlements | BitPay Documentation

Wallet Integrations
Payment Protocol

Your BitPay payments, deposited directly into your bank account.

Bank Deposits

Settlement payments for BitPay merchants 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 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, Bitcoin Cash, Gemini US Dollar, Circle USD Coin, and Paxos Standard USD settlements are supported in 233 countries. Please pick your location to see minimum settlement amounts and deposit timings.

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.

Settlement Timing

Settlement will appear in your bank account after two business days.

Minimum Settlement

The minimum settlement is 2,500 AUD.

Settlement Timing

Settlement will appear in your bank account after two business days.

Minimum Settlement

The minimum settlement is 2,500 CAD.

Settlement Timing

Settlement will appear in your bank account after two business days.

Minimum Settlement

The minimum settlement is 1,000 GBP.

Settlement Timing

Settlement will appear in your bank account after two business days.

Minimum Settlement

The minimum settlement is 1,500 MXN.

Settlement Timing

Settlement will appear in your bank account after two business days.

Minimum Settlement

The minimum settlement is 2,500 NZD.

Settlement Timing

Settlement will appear in your bank account after two business days.

Minimum Settlement

The minimum settlement is 10,000 ZAR.

Settlement Timing

Once a settlement payment has been issued, funds will appear in your bank account after one business day.

Minimum Settlement

The minimum settlement is 100 EUR.

See all currencies +
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 2,500 AUD. Settlement will appear in your bank account after two business days.
Canadian Dollars (CAD)
The minimum settlement is 2,500 CAD. 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 2,500 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.
Bitcoin Cash (BCH)
If you choose to take settlement in Bitcoin Cash, BitPay will forward Bitcoin Cash payments to your Bitcoin Cash address on file on a daily basis. The minimum settlement is 0.01 BCH.
Gemini US Dollar (GUSD)
If you choose to take settlement in Gemini US Dollars, BitPay will forward GUSD payments to your Gemini US Dollar address on file on a daily basis. The minimum settlement is 20 GUSD.
Circle USD Coin (USDC)
If you choose to take settlement in Circle USD Coin, BitPay will forward USDC payments to your Circle USD Coin address on file on a daily basis. The minimum settlement is 20 USDC.
Paxos Standard USD (PAX)
If you choose to take settlement in Paxos Standard USD, BitPay will forward PAX payments to your Paxos Standard USD address on file on a daily basis. The minimum settlement is 20 PAX.
Binance USD (BUSD)
If you choose to take settlement in Binance USD, BitPay will forward BUSD payments to your Binance USD address on file on a daily basis. The minimum settlement is 20 BUSD.
Euros (EUR)
Once a settlement payment has been issued, funds will appear in your bank account after one business day. The minimum settlement is 100 EUR.
Settlement in EUR is available via SEPA transfer to the following countries:
Åland Islands
Austria
Azores
Belgium
Bulgaria
Canary Islands
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Greece
Hungary
Ireland
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Madeira
Malta
Monaco
Netherlands
Norway
Poland
Portugal
Réunion
Romania
Saint Barthélémy
Saint Martin (French)
Slovakia
Slovenia
Spain
Sweden
Switzerland
Vatican City
South African Rand (ZAR)
The minimum settlement is 10,000 ZAR. Settlement will appear in your bank account after two business days.

Cryptocurrency Settlements

Bitcoin, Bitcoin Cash, Gemini US Dollar, Circle USD Coin, Paxos Standard USD, Binance USD, and Ripple settlements are supported in 240 countries, and you can choose to take any percentage of your settlement in one of these currencies. Settlement is paid daily to your cryptocurrency address on file. The minimum settlement is 0.01 BTC, 0.01 BCH, 20 GUSD, 20 USDC, 20 PAX, 20 BUSD, or 20 XRP.

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 cryptocurrency address you want to use to receive settlement from BitPay. You can also select the percentage of cryptocurrency and local currency you wish to receive in your settlements from BitPay.