Transfer funds

Last updated: October 22, 2025

You can transfer funds between sub-accounts in the same currency, or make foreign exchange (FX) transfers between sub-accounts using the Dashboard.

Note

The sending sub-account must have sufficient funds for the full transfer amount. If a transfer would cause a balance to go negative, the transfer fails.

You can make same-currency transfers between sub-accounts of the same entity within the same region. Checkout.com does not charge a fee and transfers are processed instantly.

You need one of the following user roles:

Admin
Custom role with the Manage transfers between currency accounts permission

Sign in to the Dashboard.
Go to Business account > Balances, and select Transfer funds.
On the Transfer funds page, if you are in the client-level view, first select the Entity you want to transfer funds for in the dropdown. This step is skipped if you are already in an entity view.
Select the sending sub-account in the From dropdown, and the receiving sub-account in the To dropdown.
Enter the amount to transfer.
There is real-time validation to check that the sending sub-account has sufficient funds.
Optionally, provide your Reference for the transfer.
Select Continue.
On the Transfer sent page that appears, select Done.
The transfer is completed and you're returned to the Balances page, which displays the updated balances.

Same-currency transfers are available with the following regional Checkout.com entities:

Canada – Checkout Payment Systems Canada Inc.
Europe – Checkout SAS
Singapore – Checkout APAC Pte Ltd
United Kingdom (UK) – Checkout Ltd
United States – Checkout LLC

The following currencies are supported per region:

CAD Canadian Dollar
USD US Dollar

You can make FX transfers between sub-accounts in different currencies to manage your cashflow.

The maximum amount per transfer is 1 million in the sending and receiving sub-account's currency.

An FX markup rate applies, depending on your agreement with Checkout.com, which is added to the interbank exchange rate.

Information

For more information about your markup rate, contact your account manager or request support.

You need one of the following user roles:

Admin
Custom role with the Manage transfers between currency accounts permission

Sign in to the Dashboard.
Go to Business account > Transfers, and select Transfer funds.
On the Transfer details page, select the sending sub-account in the From dropdown, and the receiving sub-account in the To dropdown.
Enter the amount you want the receiving sub-account to receive.
- There is real-time validation to check that the sending sub-account has sufficient funds.
- The FX rate for the transfer is displayed. The rate is confirmed for 90 seconds, and a timer counts down to when the rate is refreshed. If the rate expires, you are prompted to generate a new rate.
- To view the rate breakdown of the interbank exchange rate and Checkout.com's FX markup rate, open the FX rate drop-down.
Optionally, provide your Reference for the transfer.
Select Continue.
On the Review and confirm page, check the transfer details, and then select Confirm.
This page also displays the expected completion date and time (also known as the value date).
In the Transfer sent window that appears, select Done.
The transfer is completed and you're returned to the updated Transfers page.

Note

If the balance of the sending sub-account falls below the required amount before the transfer is completed, the transfer fails.

FX transfers are available with the following regional Checkout.com entities:

Europe – Checkout SAS
United Kingdom (UK) – Checkout Ltd

A cut-off time for sending transfers applies per currency, which affects the processing period. The following currencies are supported:

Currency	Cut-off time
`CAD` Canadian Dollar	1:00 PM Greenwich Mean Time (GMT)
`CHF` Swiss Franc	1:00 PM GMT
`DKK` Danish Krone	10:00 AM GMT
`EUR` Euro	1:00 PM GMT
`GBP` Pound Sterling	1:00 PM GMT
`NOK` Norwegian Krone	10:00 AM GMT
`PLN` Zloty	1:00 PM GMT
`SEK` Swedish Krona	10:00 AM GMT
`USD` US Dollar	1:00 PM GMT

Transfers are processed and available at 4:00 PM GMT on:

The same day if sent before the cut-off time
The following business day if sent after the cut-off time

An additional markup of 1.5% applies for transfers sent on weekends, which are outside of standard FX trading hours.

To see an overview of transfers between sub-accounts, you need one of the following user roles:

Admin
Custom role with the View list of transfers permission
Read only
Risk manager
Support manager

Sign in to the Dashboard.
Go to Business account > Transfers, and select the relevant transfer to view the Transfer details page.

The Transfer details page displays:

The date the transfer was sent
The expected value date
The transfer's unique identifier
The sending and receiving sub-accounts, with the relevant amounts
The FX rate, which is the sum of the interbank rate and the FX markup
Your reference for the transfer

The Transfers breakdown type appears in the Financial Actions by Date Range Report.

Transfer funds

Note

Same-currency transfers

Supported regions and currencies

FX transfers

Information

Note

Supported regions, currencies, and cut-off times

FX processing periods

Outside FX trading hours rate

View transfers

Transfers in reports