- Support Guide
- Payments, Settlements & Charges
- Settlements
Settlement Timeframe
I noticed that settlements happen twice a week. What is the actual time for settlements?
1. We will process the settlement in the morning but the actual time your money becomes available in your account is as per scheduled by Bank Islam.
2. As of January 2016, all monies will be transferred to you via e-banker by Bank Islam.
3. The schedules transfers by senangPay on Wednesdays and Fridays are as follows:
Funds received by merchants:
- Batch 1: By 11:00 am
- Batch 2: By 2:00 pm
- Batch 3: By 5:00 pm
- Batch 4: By 8:00 pm
- Batch 5: By 11:00 pm
4. Your funds will be available latest by 11:00 pm on the same day.