What if a settlement is delayed?
Instant settlements arrive within minutes. Same-day settlements process by 6 PM daily. Next-day by 10 AM the next day. If a settlement is overdue, che...
Last updated August 5, 2026
If a settlement is delayed, here's what to do.
Settlement timelines
| Option | Expected time |
|--------|--------------|
| Instant | Within minutes |
| Same-day | By 6 PM daily |
| Next-day | By 10 AM next day |
Step 1: Check the status
- Go to Business > Settlements.
- Find the settlement in question.
- Check the status:
- Pending: Still being processed
- Completed: Funds have been sent to your bank
- Failed: Settlement failed and funds are in your wallet
Step 2: Wait
- Instant settlements: Wait 15 minutes
- Same-day settlements: Wait until 6 PM
- Next-day settlements: Wait until 10 AM the next day
Step 3: Check your bank
- If the status is Completed, check your bank account.
- The funds may be pending in your bank.
- Contact your bank if the funds don't appear after 24 hours.
Step 4: Contact support
If the settlement is overdue:
- Email hello@cashmatrix.ng with:
- Your business name
- The settlement date
- The settlement amount
- The settlement ID (from the app)
- We'll investigate and resolve the issue.
Tip: Most delays are caused by bank processing times. Check with your bank before contacting support.
Need a hand? Email hello@cashmatrix.ng.