# Manage payout schedule

Manage the automatic payout schedule to your connected accounts.

> This guide shows how to configure payouts using the Balance Settings API. Use [Balance Settings](https://docs.stripe.com/api/balance-settings.md) to manage payout settings for Accounts v2. The Balance Settings object follows similar structure and behavior to the Accounts v1 `settings.payouts` hash. If you’re currently using `settings.payouts` on Accounts v1, you can continue to do so.

When using automatic payouts, the [payments.payouts.schedule](https://docs.stripe.com/api/balance-settings/object.md#balance_settings_object-payments-payouts-schedule) hash contains details on when a Stripe account’s funds are available and when the balance is automatically paid out:

```json
{
  "object": "balance_settings",
  "payments": {
    "debit_negative_balances": true,
    "payouts": {
      "minimum_balance_by_currency": {
        "usd": 1500,
        "cad": 8000
      },"schedule": {
        "interval": "weekly",
        "weekly_payout_days": ["monday", "wednesday"],
        "monthly_payout_days": null
      },
      "statement_descriptor": null,
      "status": "enabled"
    },
    "settlement_timing": {
      "delay_days_override": 3,
      "delay_days": 3
    }
  }
}
```

## delay_days property 

The [settlement_timing.delay_days](https://docs.stripe.com/api/balance-settings/object.md#balance_settings_object-settlement_timing-delay_days) property reflects how long it takes for `on_behalf_of` charges (or direct charges performed on the connected account) to become available for payout. You can edit this property on accounts where you [own fraud and dispute liability](https://docs.stripe.com/connect/accounts.md). This property can be overridden by setting [delay_days_override](https://docs.stripe.com/api/balance-settings/update.md#update_balance_settings-payments-settlement_timing-delay_days_override) to a number up to 31. Passing an empty string to [delay_days_override](https://docs.stripe.com/api/balance-settings/update.md#update_balance_settings-payments-settlement_timing-delay_days_override) will return [delay_days](https://docs.stripe.com/api/balance-settings/object.md#balance_settings_object-settlement_timing-delay_days) to the default, which is the lowest available value for the account.

This field is useful for dictating automatic payouts. Stripe calculates the delay in business days or calendar days, depending on the [connected accounts’ country](https://docs.stripe.com/payouts.md#standard-payout-timing). For example, if you want a connected account based in Singapore (which uses calendar day delays) to receive their funds two weeks after the charge is made, set [interval](https://docs.stripe.com/api/balance-settings/update.md#update_balance_settings-payments-payouts-schedule-interval) to `daily` and [delay_days_override](https://docs.stripe.com/api/balance-settings/update.md#update_balance_settings-payments-settlement_timing-delay_days_override) to **14**.

For accounts where Stripe manages fraud and dispute liability (for example, Standard accounts), the default is the lowest permitted value for the account, determined by the [connected account’s country](https://docs.stripe.com/payouts.md#standard-payout-timing). For accounts where you own fraud and dispute liability, the value remains at your original payout speed by default.

## Interval property

Platforms that manage fraud and dispute liability, or have [platform controls](https://docs.stripe.com/connect/platform-controls-for-stripe-dashboard-accounts.md#control-payout-timing), can adjust the payout interval. There are four possible settings for the `interval` property:

- **manual**: This setting prevents automatic payouts. You’ll have to manually pay out the account’s balance using the [Payouts API](https://docs.stripe.com/api.md#create_payout) (acting as the connected account). You also set an account to `manual` to use [Instant Payouts](https://docs.stripe.com/connect/instant-payouts.md).
- **daily**: This setting automatically pays out charges [delay_days](https://docs.stripe.com/api/balance-settings/object.md#balance_settings_object-settlement_timing-delay_days) days after they’re created. The [delay_days](https://docs.stripe.com/api/balance-settings/object.md#balance_settings_object-settlement_timing-delay_days) value can’t be less than your own payout schedule or less than the default payout schedule for the account.
- **weekly**: This setting automatically pays out the balance at least once a week, with the days specified by the [weekly_payout_days](https://docs.stripe.com/api/balance-settings/update.md#update_balance_settings-payments-payouts-schedule-weekly_payout_days) parameter (an array of days of the week).
- **monthly**: This setting automatically pays out the balance at least once a month, as specified by the [monthly_payout_days](https://docs.stripe.com/api/balance-settings/update.md#update_balance_settings-payments-payouts-schedule-monthly_payout_days) parameter (an array of numbers between 1–31). Payouts nominally scheduled between the 29th and 31st of the month are instead sent on the last day of a shorter month.