Money Out
Settlements
View bank settlements and download settlement reports for System Operator accounts.
The Settlements section is available to System Operator (SO) clients. SO clients collect into their own bank account, so funds are settled by the bank directly instead of being paid out from a Kwik balance.
Open it from the Settlements menu item. Each row represents a settlement made by the bank.
Settlement List
| Column | Description |
|---|---|
| Created | Date the settlement was recorded. |
| Settlement Bank Reference | Reference of the settlement on your bank statement. |
| Merchant ID | The merchant ID the settlement belongs to. |
| Payment method | The payment method that was settled, e.g. Debit Order or DebiCheck. |
| Provider Bank | The bank that processed and settled the funds. |
| Currency | Settlement currency. |
Downloading a Settlement Report
Open the Actions menu and select Download report. The report is a CSV file named after the settlement bank reference and lists the journal of transactions included in the settlement.
Use the report to reconcile the amount received in your bank account against the transactions collected.