Early Settlement

This feature is currently only available for businesses in Indonesia.

For payment channels that are not instantly settled to your balance by default, Early Settlement allows you to make it instant when a successful payment is made. This feature helps improve your cash flow management and provides immediate access to your funds.

When a payment is successful, there are typically two key timing points:

1. When the payment is confirmed successful (T+0)

2. When the funds are settled to your Xendit balance (T+X, where X varies by payment channel)

With Early Settlement:

• Funds are available in your Xendit balance immediately after successful payment (T+0)

• You can withdraw these funds instantly to your bank account

• The standard settlement process continues in the background

Standard vs Early Settlement flow

Supported payment channels

Early Settlement is available for the following payment channels in Indonesia:

Note

• Early Settlement fees will be added to standard payment processing fees.

• In Indonesia, BCA Virtual Account is the only Virtual Account that can do Early Settlement as transactions made via other Virtual Accounts are already settled instantly by default.

Early Settlement limits

Each merchant is assigned a total Early Settlement limit per payment channel. This limit represents the maximum amount of unsettled funds that can be advanced through Early Settlement at any time.

Key concepts:

• Total Limit: Your maximum approved Early Settlement amount.

• Current Usage: Amount of funds currently advanced through Early Settlement.

• Available Limit: Total Limit minus Current Usage.

Example with a IDR 5,000,000 limit:

1. If you receive a IDR 2,000,000 payment:

   1. Current Usage: IDR 2,000,000

   2. Available Limit: IDR 3,000,000

2. When this payment settles (after T+2 or T+5):

   1. Current Usage decreases by IDR 2,000,000

   2. Available Limit increases by IDR 2,000,000

Limit rules

• Transactions are only early settled if they don't exceed your Available Limit.

• Partial Early Settlement is not available—transactions must fit within your Available Limit entirely.

Pricing and fees

Early Settlement fees are:

• Charged per transaction

• Automatically deducted from the settlement amount

• Calculated as a percentage of the transaction amount

• Charged in addition to standard payment processing fees

Calculation example:

• Transaction amount: IDR 1,000,000

• Early Settlement fee: 0.25%

• Fee calculation: IDR 1,000,000 × 0.25% = IDR 2,500

• Amount credited to balance: IDR 997,500

How to apply for Early Settlement

Requirements

• Active Xendit account in good standing.

• Completed business verification.

• Signed Early Settlement agreement.

Activation Steps

1. Log in to your Xendit dashboard.

2. On your sidebar, click Early Settlement

3. Click Apply Now

4. Complete the application form

5. Submit required documents

6. Wait for approval (1-3 working days)

Managing Early Settlement

After activation, you can:

• Toggle Early Settlement on/off per payment channel

• Monitor your current usage and available limits

• View Early Settlement transactions and fees

• Configure automatic Early Settlement rules

Important

Turning off Early Settlement affects only new transactions. Existing early settled transactions continue with their current terms.