- Debit transactions usually settle within a day.
- Credit transactions usually settle within three days.
Exceptions may be:
- Hotels and airline tickets can sometimes take weeks to settle.
- Gas stations usually take from 2 to 5 days.
The KYC status is changed to
failed and Bond will reach out to you directly to explain why this has happened. This does not happen very often.
When a user uploads documents during a KYC, is their application immediately moved to "manual review"?
Yes, during the KYC process, as soon as the user uploads the required document(s), their application status changes to
under review. This happens immediately and a webhook is sent.
Regulations allow for the closure of an account after as little as three (3) months of no activity. An account may also be closed for other reasons, such as, changes in credit history with other creditors, late payments, and so on.
This is a feature that will be active when the BIN goes live. The automatic billing updater provides automatic updates on various platforms when the PAN details change due to a card being reissued.
Updated 4 months ago