> ## Documentation Index
> Fetch the complete documentation index at: https://docs.macropay.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Merchant of Record payouts (bank wire)

> Macropay sells under its own name, remits your tax, then wires your share to your bank on NET terms — no Connect handoff.

One bank wire, straight from us to you. That's the whole payout model.

Because Macropay is a **true Merchant of Record**, we are the legal seller on
every transaction. We collect from your customers in our name, settle the money
into our own bank, remit the sales tax and VAT we owe on those sales, then wire
your remaining balance to your bank account. There is no marketplace split to
reconcile, no third-party onboarding redirect, and no Connect-style account for
you to babysit — funds move Macropay → you, full stop.

<Note>
  New to the MoR model? Start with the
  [Merchant of Record overview](/merchant-of-record/introduction), which covers
  how tax, refunds, and chargebacks work at the model level. This page is the
  mechanics of getting paid.
</Note>

## The money trail

From a customer's tap to a deposit in your account, four things happen:

<Steps>
  <Step title="We charge the customer as the seller of record">
    A card, Apple Pay, or Google Pay charge runs under Macropay's own acquirer
    relationships. The customer sees **Macropay** on their statement and
    receives a Macropay invoice — your business never appears on the bank line.
  </Step>

  <Step title="Funds land in Macropay's bank">
    Captures settle into Macropay's account in the currency the customer paid
    in. We hold the balance while tax/VAT, refunds, and any disputes are
    resolved, so your payout reflects a clean, final number.
  </Step>

  <Step title="We wire your share on NET terms">
    Your earned balance for a calendar month becomes payable on your NET
    schedule (**NET 30** by default). Macropay originates the transfer from its
    own bank over the right rail for your country — ACH in the US, SEPA across
    the Eurozone, SWIFT everywhere else.
  </Step>

  <Step title="You invoice us back">
    Since we issued the invoices to your customers, your books need the mirror
    image: an invoice from you to Macropay for what we paid out. We generate a
    [reverse invoice](/features/finance/payouts#reverse-invoices) for every
    payout, on demand.
  </Step>
</Steps>

## Connect your bank account

<Steps>
  <Step title="Open Finance → Account">
    In the dashboard, go to **Settings → Finance → Account**, or jump straight
    to `https://app.macropay.ai/dashboard/<org-slug>/finance/account`.
  </Step>

  <Step title="Select your bank's country">
    Your country sets the default payout currency and decides which rail — and
    which form fields — you'll use next.
  </Step>

  <Step title="Enter your bank details">
    The form routes you to the correct rail automatically:

    | Rail      | Used for        | What you enter                                  |
    | --------- | --------------- | ----------------------------------------------- |
    | **ACH**   | United States   | 9-digit routing number, account number          |
    | **SEPA**  | Eurozone + UK   | IBAN, account holder name                       |
    | **SWIFT** | Everywhere else | IBAN or account number, SWIFT/BIC, bank address |

    Everything is encrypted at rest. Macropay pays out from its own bank, so
    your details are never exposed to the card networks or any acquirer.
  </Step>
</Steps>

<Warning>
  Macropay is a **true** MoR — there's no Stripe account to hold, no Express
  dashboard, and no Connect payout schedule to configure. We're the merchant on
  every charge and pay you directly. Still seeing a legacy Connect setup in your
  dashboard? Email [support@macropay.ai](mailto:support@macropay.ai) and we'll
  migrate you.
</Warning>

## Payout schedule

| Term       | Cadence                                            | Who gets it                                               |
| ---------- | -------------------------------------------------- | --------------------------------------------------------- |
| **NET 30** | Monthly — month closes, payout opens 30 days later | Default for every new account                             |
| **NET 14** | Bi-monthly                                         | After a clean first review and 90 days of trading history |
| **NET 7**  | Weekly                                             | Enterprise plans, on request                              |

Within your term, payouts are **merchant-initiated** from the
[Payouts page](/features/finance/payouts) — you decide when to pull funds inside
your eligible window. Each currency has a minimum threshold (see the
[thresholds table](/features/finance/payouts#minimum-payout-thresholds)) so a
wire fee never outweighs the payout itself.

<Tip>
  Building agent or usage-based products? The balance that lands here is your
  agentic margin made real — gross revenue minus AI cost, tax, fees, and
  refunds, settled to one number you can pay out and reconcile.
</Tip>

## What it costs

Macropay charges **no payout fee**. The only deductions are the bank's own wire
costs, passed through at cost:

* **ACH (US)** — free
* **SEPA (Eurozone + UK)** — free at most banks; a rare few charge a small flat fee
* **SWIFT (international)** — $5–$25 depending on corridor and intermediary banks; the exact deduction shows on the payout summary
* **Currency conversion** — the prevailing bank FX rate, typically a 0.25–1% spread

Per-transaction processing fees are a separate line item — see
[Merchant of Record → Fees](/merchant-of-record/fees) for the full breakdown.

## Reading your payout statement

Every payout sends a confirmation email, and the same view lives under
**Finance → Payouts → (click any row)**. Worked example for a EUR payout:

| Line                                | Amount        |
| ----------------------------------- | ------------- |
| Gross sales in period               | €12,400.00    |
| Macropay processing fees            | −€620.50      |
| Refunds + chargebacks               | −€180.00      |
| Sales tax / VAT we remitted for you | −€2,108.00    |
| Wire fee                            | −€0.00        |
| **Net wired to your bank**          | **€9,491.50** |

The **net wired** figure is exactly what hits your account. The matching reverse
invoice is attached for your accounting.

## Supported currencies

We collect from customers in 130+ currencies and settle your balance in the
currency of your bank account:

* **USD** — any US ACH-eligible account
* **EUR** — any SEPA-eligible IBAN
* **GBP** — UK accounts via SEPA-instant or SWIFT
* **CHF** — via SEPA or SWIFT
* **Other supported currencies** — wired over SWIFT in your local currency where supported, at the FX rate applied at wire time

## FAQ

<AccordionGroup>
  <Accordion title="When does the NET clock start?">
    On the last day of the calendar month the sale was **captured** — not the
    month it was billed, if it's a future-dated subscription. So under NET 30, a
    sale captured in March is eligible to pay out from May 1.
  </Accordion>

  <Accordion title="Can I get paid into a personal account?">
    Individual and sole-proprietor accounts: yes. Business accounts (LLC, Ltd,
    GmbH, and so on) need a business bank account in the same legal entity name
    as your Macropay organization.
  </Accordion>

  <Accordion title="What happens to my balance during an account review?">
    Payouts pause during a
    [continuous review](/merchant-of-record/account-reviews#continuous-reviews-async),
    but charges keep flowing — your customers notice nothing. Funds accrue in
    your balance and release as soon as the review clears, usually within 1–2
    business days.
  </Accordion>

  <Accordion title="Can payouts run automatically?">
    Not by default — merchant-initiated payouts let you consolidate and amortize
    wire fees. If you'd rather set up a recurring auto-payout, reach out and
    we'll configure it.
  </Accordion>
</AccordionGroup>