Table of Contents
What is Instant Settlement?
Instant Settlement lets you settle your cash immediately so you can complete your withdrawal without waiting for the standard settlement period of 2 business days (T+2)
What is unsettled cash?
Unsettled cash is money that’s not available yet because it’s still going through the settlement process at MCDR. Settled cash is the amount you can withdraw right away.
To learn more about unsettled cash click here.
When will I see it?
If you start a withdrawal and you have unsettled cash, you’ll be prompted with the option to settle it instantly.
What are the fees?
Fees are 0.3% with a minimum of EGP 5.
How long does the withdrawal take?
Instant Settlement makes your cash available immediately, then withdrawals are processed within 1 business day.
