Deposits

Once you have successfully created your iZettle account and connected it to your bank account, you are ready to start receiving payments with your iZettle credit card reader.

If you choose to follow our standard deposit schedule, we deposit your funds within 1-2 business days of the transaction date.*

You’ll receive email notifications when deposits have been made and can also view your deposits and other account information any time at my.izettle.com.
Learn more.

Standard daily deposit schedule:

Transaction Date Deposit Initiated **
Monday Tuesday
Tuesday Wednesday
Wednesday Thursday
Thursday Friday
Friday through Sunday Monday


* Deposits are not made on Saturdays and Sundays. Bank holidays could affect the standard deposit schedule.
** Bank processing times may vary and it can take a few business days for deposits to show up in your account. Please contact your bank for more information about their processing times.

 

Customise your deposit schedule

You have the flexibility to choose how often you’d like to receive deposits. Customise your deposit schedule to receive payments:

  • Daily (standard deposit schedule)
  • Weekly (your money is deposited to you the first bank day of the week)
  • Monthly (your money is deposited to you the first bank day of the month)

To set up your deposit schedule: 

  • Sign in to your iZettle account on my.izettle.com
  • Click on your name in the top menu and go to “Settings”. Under “Account settings”, you can pick your deposit schedule of choice. 

Deposit limits

There are certain limits when it comes to deposit amounts:

Chip + PIN or Touch ID
If you have an individual iZettle account*
A maximum of £1,000 can be deposited per day. Any outstanding payments are delivered in a second deposit the following business day.

If you have a business iZettle account
A maximum of £500,000 can be deposited per day. Any outstanding payments are delivered in a second deposit the following business day.

Chip + Signature
If you have an individual iZettle account*
A maximum of £1,000 can be deposited per day. All outstanding  payments are delivered in a second deposit the following business day.

If you have a business iZettle account
A maximum of £200,000 can be deposited per day. All outstanding payments are delivered in a second deposit the following business day.

Magstripe + Signature
If you have an individual iZettle account*
A maximum of £100 can be deposited per day. All outstanding payments are delivered in a second deposit the following business day.

If you have a business iZettle account
A maximum of £200,000 can be deposited per day. All outstanding payments are delivered in a second deposit the following business day.

*The option to register for an individual iZettle account has been removed as of March 2017. The private account information above applies only to existing users.

Need more help?

If you can't find what you're looking for, please get in touch. Our Support team is on duty 9:00 am - 5:00 pm on weekdays.

Call us on 0203 699 9934