If the client has not given an authorization to maintain a Running Account, the funds will be settled with one working day of payout. This is called daily settlement.

If the client has given running account authorization, the funds will be settled once in a calendar month or quarter based on the clients standing instruction. This is called running account settlement.  


Further, during the quarter or month, if the client account becomes credit to debit due to purchase or M2M, system will consider the transaction as settled and send the confirmation of settlement to the client. This process marked in the system as secondary settled and treat this as running account settlement without settling the amount to the client.