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Autogiro (Sweden) Payment Timings
The following payment timings presume that all required actions are completed before 4pm UK time. If the customer's authorisation or the payment creation is completed after 4pm, there will be an additional day in the process.
| (WORKING) DAY |
ACTION |
| 0 |
Customer completes authorisation form. Payment created in GoCardless. Customer sent automated payment notification email (8 working day notice period required).
|
| 6 |
Payment submitted to bank for processing |
| 8 |
Customer charge date |
| 9 |
Funds paid out to merchant by GoCardless |
| 10* |
Merchant receives funds |
*If you are collecting payments internationally with currency conversion using Borderless Payments, please allow an extra 2-4 working days to receive your payout.
