When are payouts made to bank accounts in Saudi Arabia?

Created by Tap Applications, Modified on Wed, 06 Mar 2024 at 03:25 PM by Esraa Nasser Sallam

For businesses in Saudi Arabia, your payments will be settled for free to your bank account automatically.

  • Mada transactions will be settled in 3 working days with a minimum amount of 100 SAR

  • Visa or MasterCard transactions will be settled in 5 working days with a minimum amount of 100 SAR.


Note: There is an additional fee of SAR 5 on settlements below SAR 100 upon merchant request for an early payout, by contacting our customer experience agents on the live chat available on our website or goCollect application.


  • Changing payout frequency

If you'd like to change your payout frequency so that your payouts are made less frequently such as once every 2 weeks or month, just contact our customer experience agents through the live chat available on our website or the goCollect app and they can help you with that as well.

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