Q: How are payouts handled?

 When you schedule payouts in CashWise, the system follows a structured process to ensure that funds are withdrawn and transferred as efficiently as possible taking into account the financial processing timelines.


Below are 2 examples that demonstrate how scheduled payouts are handled when there is enough lead time and not enough lead time.



Scenario 1: Enough Lead Time

Target Balance: $500

Entering items on Monday before 9am for Thursday Payout:

  • Item 1: $600
  • Item 2: $200







Scenario 2: Not Enough Lead Time

Target Balance: $500

Entering items on Monday after 9am and before 3pm for a same day Payout:

  • Item 1: $600
  • Item 2: $200








So some things to note:

  1. The above is an example of a T+2 business days processing of SGD withdrawal.

  2. To avoid delays or failed payouts, schedule all cash flow items well in advance of 2 business days.








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