Sales day payout
How it works
Sales processed through Tebi on your sales day (T) in a 24 h period from and till 06:00 will be paid out with a fixed delay of (x) business days. The delay is dependent on the industry in which your business operates.
For example, a bakery that processes sales on Monday, January 1 and has a fixed payout delay of two business days (T+2), will be paid out two days later on Wednesday, January 3.
Standard payout
Example of a bakery or café (T+2):
| Sales day | Payout day |
|---|---|
| Monday | Wednesday |
| Tuesday | Thursday |
| Wednesday | Friday |
| Thursday | Monday next week |
| Friday, Saturday and Sunday | Tuesday next week |
Example of a festival (T+4):
| Sales day | Payout day |
|---|---|
| Monday | Friday |
| Tuesday | Monday next week |
| Wednesday | Tuesday next week |
| Thursday | Wednesday next week |
| Friday, Saturday and Sunday | Thursday next week |
Bank holidays payout
Example of a bakery or café during the bank holidays (T+2):
| Sales day | Bank holiday | Payout day |
|---|---|---|
| Monday | - | Wednesday |
| Monday | Tuesday and Wednesday | Friday |
| Thursday | Monday next week | Tuesday |
| Friday, Saturday and Sunday | Monday | Wednesday |
Business needs are all different. If you want to explore your payout options, please get in touch with us at support@tebi.co