Banking & payout setup

SA Fashion Mall payouts hit your business bank account by EFT every Friday, 5 business days after each escrow release. Setting up banking correctly is critical — a wrong branch code or bank name delays the payout.

What we need

• Bank name (Standard Bank, ABSA, FNB, Nedbank, Capitec, Investec, TymeBank).
• Account number.
• Universal branch code (6 digits — same across all branches of a bank in SA).
• Account holder name — must match the CIPC-registered business name (or your ID if you're a sole prop).

Verification

The first payout triggers a bank-account verification via our banking partner. If the account holder name doesn't match your CIPC record, the transfer is rejected and returned — we'll email you to fix the details.

Payout timing

• T + 0 — Customer confirms delivery. Escrow flips Released; your unpaid_balance_zar increases.
• T + 5 business days — Payout batched.
• Friday — EFT transfer submitted to your bank.
• Following Monday–Tuesday — Funds land in your account.

Payout reports

Every payout email includes a CSV attachment listing the orders included, the gross, the platform commission, the shipping component and the net paid. These are your primary bookkeeping records — save them for your accountant.