Vendor Standard Settlements

The standard schedule option in Cashfree Payments is T+2 days, where T is the date of the transaction. For instance, if the transaction takes place on a Monday, the settlement is credited to the vendor account on Wednesday. The standard settlements happen only on bank working days.

You can set the vendor schedule option while creating a vendor. The settlementCycleId value defines the vendor schedule option.

The standard schedule options are as follows:

Schedule ID	Description
1	T+1* settlement at 11:00 AM.
2	T+2* settlement at 11:00 AM.
4	All transactions from 2:00 PM T-1 to 2:00 PM T+0 settled at 3 PM T+0.
5	All transactions till 5.30 at 6.
11	Weekly Every 1st working day. If you intend to settle your vendor account on a weekly basis opt for this cycle.
12	Monthly Every 1st working day. If you intend to settle your vendor account on a monthly basis opt for this cycle.
13	T+1* settlement at 09:00 AM.

T+x*: Settlement cycle is subject to bank approval and can vary based on transaction type, business category/model, risk parameters, and other factors.

To view vendor standard settlement,

1. Go to Payment Gateway Dashboard > Easy Split > Settlements > Scheduled