> ## Documentation Index
> Fetch the complete documentation index at: /llms.txt
> Use this file to discover all available pages before exploring further.

# Receiving your funds (settlement)

> When and how you receive your funds after a successful payment — the role of licensed partners in settlement.

After a successful payment, your funds are settled by the **licensed partner** that executed
the transaction (Mobile Money operator, bank or regulated payment institution). Simiz is a
non-custodial orchestrator: it routes the transaction, tracks it and reconciles it, but
never holds your funds.

## Who holds the funds

| Actor                       | Role                                                                           |
| --------------------------- | ------------------------------------------------------------------------------ |
| Operator / licensed partner | Collects the customer payment and settles the funds to the merchant            |
| Simiz                       | Routes the transaction, normalizes statuses, reconciles and provides reporting |

Collected funds move from the customer wallet to the licensed partner, then to you,
according to the rules that apply in each corridor. At no point do they pass through a
Simiz account.

## When will I receive my funds

The settlement delay depends on the **partner that executed the payment** and on the
corridor (country, currency, payment method). Each operator applies its own payout cycle.
Simiz does not set this delay and does not advertise a single duration valid everywhere.

To know the actual situation of your funds:

1. Open the Simiz dashboard — the transaction moves to `COMPLETED` once the customer
   payment is confirmed by the operator.
2. Check your balance and reconciliation reports to track the settlements executed by the
   partner.
3. The agreement binding you to the partner (or your Simiz plan) states the payout cycle
   that applies to your corridor.

<Note>
  A `COMPLETED` payment means the customer paid and the operator confirmed it. The effective
  settlement to your account follows the licensed partner's payout cycle.
</Note>

## Tracking your settlements

* **Dashboard**: the Transactions section shows the status of every collection; reports let
  you match settlements against transactions.
* **API**: `GET /v1/transactions` returns the status and amounts of each transaction to
  feed your own reconciliation.

## Next steps

* [Payment architecture](/en/core-concepts/payments/architecture) — non-custodial
  orchestration in detail
* [Mobile Money payments](/en/core-concepts/payments/mobile-money) — supported operators
* [Pricing](/en/core-concepts/billing/pricing) — commissions and fees