Our terms of service

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

2 Business Days following the Payment date (with the Payment Scheme Mandate set up 8 Business Days prior)

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

2 Business Days following the Payment date

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

16:00 (GMT) 2 Business Days before the Payment Order date

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

2 Business Days following the Payment date

Time taken to complete a transfer of a refund from the relevant GoCardless bank account to a Customer’s bank account (assuming refund request is made before 11:00 local time in London, United Kingdom, on the Payment Order date)

2 Business Days

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

4 Business Days following the Payment Order

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

3 Business Days following the Payment date

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

16:00 (GMT) 2 Business Days before the Payment Order date

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

2 Business Days following the Payment Date

Time taken to complete a transfer of a refund from the relevant GoCardless bank account to a Customer’s bank account (assuming refund request is made before 11:00 local time in London, United Kingdom on the Payment Order date of the refund)

Within 1 Business Day

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

Maximum 1 Business Day following the Payment date (with Payment Scheme Mandate set up alongside first Payment Order)

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

Maximum 1 Business Day following the Payment date (same Business Day for Australian merchants due to time difference)

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

16:00 (GMT) 1 Business Day before the Payment Order date

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

3 Business Days (for domestic payouts. Additional days apply for international payouts)

Time taken to complete a transfer of a refund from the relevant GoCardless bank account to a Customer’s bank account (assuming refund request is made before 11:00 local time in London, United Kingdom, on the Payment Order date)

Within 2 Business Days

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

3 Business Days following the Payment date (with Payment Scheme Mandate set up alongside first Payment Order)

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

3 Business Days following the Payment date

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

16:00 (GMT) 1 Business Day before the Payment Order date

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

3 Business Days (for domestic payouts, varies for international payouts)

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

1 Business Day following the request

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

Minimum 9 Business Days following Payment Scheme Mandate set up (with Payment Order set up at least 1 Business Day after Payment Scheme Mandate set up and ahead of '8 working days before month end' - deadline)

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

Minimum 8 Business Days following the Payment date

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

Merchants can cancel a Payment Scheme Mandate or Payment Order up to 16:00 (GMT) 8 Business Days before the start of the month of the Payment Order date.

Customers can cancel an individual Payment Order up to close of business (according to local time in Denmark) on 7th calendar date of the month of the Payment Order date (if the Transaction has already taken place, the funds will be passed back to the Customer). If the 7th date falls on a weekend, the deadline is extended by 1 Business Day.

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

4 Business Days (for domestic payouts, varies for international payouts)

Time taken to complete a transfer of a refund from the relevant GoCardless bank account to a Customer’s bank account

1 Business Day

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

3 Business Days following the Payment date

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

3 Business Days following the Payment date

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

16:00 (GMT) 2 Business Days before the Payment Order date

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

3 Business Days following the Payment date

Time taken to complete a transfer of a refund from the relevant GoCardless bank account to a Customer’s bank account (assuming refund request is made before 11:00 local time in London, United Kingdom on the Payment Order date)

1 Business Day

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

3 Business Days following the Payment date (with Payment Scheme Mandate set up alongside first Payment Order)

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

1 Business Day following the Payment date

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

16:00 (GMT) 1 Business Day before the Payment Order date

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

2 Business Days following the Payment date

Time taken to complete a transfer of a refund from the relevant GoCardless bank account to a Customer's bank account (assuming refund request is made before 11am GMT on the request date)

Within 1 Business Day of the request

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following establishment of a new Payment Scheme Mandate and submission of a Payment Order

2 Business Days following the Payment date (with Payment Scheme Mandate set up alongside first Payment Order)

Receipt by GoCardless into the GoCardless Client Account of funds from a Customer’s bank, following submission of a Payment Order against an existing Payment Scheme Mandate

1 Business Day following the Payment date

Latest time by which a Merchant or Customer may cancel a Payment Scheme Mandate or Payment Order

16:00 (GMT) 1 Business Day before the Payment Order date

Time taken to complete a transfer of funds from the GoCardless Client Account to the Merchant’s Nominated Account

3 Business Days following the Payment date

Time taken to complete a transfer of a refund from the relevant GoCardless bank account to a Customer's bank account (assuming refund request is made before 11am GMT on the request date)

1 Business Day of the request