CCAvenue® 's merchant payout options is suited
for every kind of business model. You may opt for any one of
the following payment instruments.
a) A US Dollar cheque payable at Singapore, dispatched
within 48 hours of your chosen payment schedule by First Class
Airmail to your office located anywhere in the world. This option
is available at a nominal delivery charge of US Dollar 1 per
delivery. You may also opt for next day delivery by courier
service billed at actuals (this may range from USD 8 to USD
12 based upon the geographic location). Clearance of this cheque
into your bank account may entail a separate clearance period
& transaction fees. Please check with your local bank on
the process time required and the amount of collection fees
levied for the credit.
b) A US Dollar wire transfer to any bank of your choice.
Details of this may be configured in the settings and options
feature of the CCAvenue M.A.R.S.(Merchant Accounting &
Reporting System). A charge of US Dollar 10 is applicable per
transfer. Funds will be credited automatically in the denominated
currency of the specified account at a rate of exchange applied
by your bank.
Payment Cycles:
a) 7 days
b) 14 days
c) 28 days
d) Threshold Limit - Merchants have been provided the option
of selecting a threshold account collection limit to trigger
an automatic wire transfer for the funds due to them.This may
be configured in the Settings & Options feature of the CCAvenue
M.A.R.S.(Merchant Accounting & Reporting System).
All orders captured till Monday midnight will be paid out on
Friday. A 5% Rolling Reserve will be maintained for 180 days.