When automatic settlement is on, Breet sends the Naira or Cedis from each completed crypto sale and each paid crypto invoice straight to your selected bank account.
Please Note: Automatic settlement doesn’t apply to money that goes to your USD wallet.
How to enable Automatic Settlement
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Tap "Profile" at the bottom of your home screen.
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Tap "Preferences".
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Toggle on "Automatic Settlement".
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Select your preferred bank account and Tap "Save".
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Enter the 6-digit OTP sent to your registered email address to confirm the change.
Automatic Settlement is now active. After every successful transaction, a withdrawal will be placed automatically to your selected bank account.
How to disable Automatic Settlement
Follow the same steps above and toggle off "Automatic Settlement". You will be required to verify with a 6-digit OTP sent to your email before the change takes effect.
Each automatic withdrawal to a Naira account costs ₦50, which is taken from the amount sent. For example, from a ₦20,000 sale, your bank receives ₦19,950.
Please Note: If the amount is below ₦2,000 (GH₵50 in Ghana), or you’ve reached your daily withdrawal limit, the money stays in your Breet wallet and you won’t get a notification. You can withdraw it yourself from your wallet at any time.