Sub-entity payouts Early access

There are different options available depending on what account type you were onboarded with. If you're unsure which account type you are, please see our account structure page or contact us.

Choose your account from the headings below to find out what payout options are available to you.

For those on the lite account type, all funds will be settled to your platform’s designated bank account(s) as per the frequency agreed during your onboarding.

The distribution of funds to your sub-entities and collection of fees for your platform are both done outside of our solution.

You can optionally process daily balance reports and financial actions reports to retrieve the closing available balance of your currency account(s) and perform reconciliation.

For those on the full account type, you can manage payouts using our API or through the Dashboard.

Sub-entity funds will be paid out as per your agreed schedule during your onboarding – daily, by weekdays or by days in a month. The funds will move from your Platform currency account to the sub-entity's external bank account.

Funds are distributed to your sub-entities inside our solution, so sub-entity bank account details must be captured as payment instruments to be later used as the destination in payout requests.

To get a detailed view of all required and optional fields, see our API reference.

{
  "GBP": {
    "recurrence": {
      "enabled": false,
      "threshold": 0.0,
      "schedule": {
          "frequency": "Unknown",
          "is_empty": true
      }
    },
    "_links": {}
  }
}

To get a detailed view of all required and optional fields, see our API reference.

The frequency of a payout can be set to weekly, daily or monthly. If selecting weekly or monthly, you can specify either days of the week, or days of the month.

{
  "EUR": {
    "enabled": true,
    "threshold": 100,
    "recurrence": {
        "frequency": "daily"
    }
  }
}

{
    "_links": {
        "self": {
            "href": "https://api.checkout.com/accounts/entities/ent_wxglze3wwywujg4nna5fb7ldli"
      }
    }
}

Get notified about your scheduled payouts by subscribing to the following webhook notifications.

Platforms

Find out all you need to know about our Platforms solution – from onboarding to processing your first payment or payout.

Read our documentation for Platforms