Terms & Policies

Country or region
WWGlobal

EEA Supplement


EEA SUPPLEMENT

The provisions of this EEA Supplement apply to the EEA Parties.

1.1 Subject to Clause 5.1 of the Payments Terms, Airwallex will instruct payment of the Net Settlement Amount to the Customer typically within one or two Business Days following receipt of cleared funds from the Acquirer or Payment Method Provider. The Acquirer or Payment Method Provider normally settles to Airwallex within one Business Day (or any longer period the Acquirer or Payment Method Provider may take) following receipt of cleared funds from the Network or Local Payment Network. If there is a non-settlement date in any particular Settlement Currency, associated with the designated Settlement Currency, no settlement will take place on the non-settlement date in that particular currency