Setting a Custom EFT Settlement Period When Issuing a Card

Dealer-issuers can now define their own EFT settlement period (T+0, T+2, etc.) when setting up investment cards to better align with internal policies and risk controls.

💡 What This Feature Does

If you're a dealer issuing your own investment card through addy, you can now control how quickly investor EFT payments are settled into their wallets. This means you can:

  • Accelerate funding for instant access (T+0)

  • Delay wallet crediting (T+2, T+5, etc.) to reduce chargeback risk or meet internal capital controls

  • Align settlement with your clawback period or operational requirements

This gives you more flexibility, more control, and better alignment with how you manage risk and capital inside your business.


🧭 How It Works

When setting up a new card in the admin interface, you'll see a new field:

EFT Settlement Period (Business Days)

Here’s what you need to know:

  • You can enter a positive whole number (e.g., 0, 2, 5)

  • This number represents the number of business days before investor funds show as “credited” in the wallet

  • The system will delay the crediting of wallet funds according to this custom period

  • If left blank, we’ll assume instant settlement.

This applies only to EFT funding – wires and other methods are processed separately.


🔍 Admin Views & Audit Trail

For transparency and traceability:

  • The custom EFT settlement value will be recorded in the card settings

  • Wallet ledger entries will show the adjusted “credited” date

  • Audit logs will reflect the dealer-defined delay

Only users with Dealer Admin permissions can view or edit this setting. Regular admins and members will not see this field.


⚠️ Who Can Use This?

This setting is only available to:

✅ Dealers issuing their own cards
✅ Users with Dealer Admin access

It’s not available to members or standard admin users.