# Pay out to connected accounts

Manage payouts and external accounts for your platform's connected accounts.

Funds from customer payments accumulate in a connected account’s [balance](https://docs.stripe.com/connect/account-balances.md). Connected accounts can transfer those funds into their external accounts through *payouts* (A payout is the transfer of funds to an external account, usually a bank account, in the form of a deposit). As the merchant of record on your SaaS platform, your connected accounts can access their payout settings to:

- Schedule [the frequency of automatic payouts](https://docs.stripe.com/connect/manage-payout-schedule.md)
- Perform [manual payouts](https://docs.stripe.com/connect/manual-payouts.md)
- Settle funds [instantly](https://docs.stripe.com/connect/instant-payouts.md)

## Supported settlement currencies 

Select a country from the following dropdown to see the currencies you must pay out funds in when your connected account’s external bank account is in that country.

> For a list of supported presentment currencies, see the [currencies](https://docs.stripe.com/currencies.md#presentment-currencies) documentation.
[See table on original page](https://docs.stripe.com/connect/saas/tasks/payout)
You can also enable your connected accounts to settle funds and pay out to banks in certain non-primary currencies, or pay out to non-domestic bank accounts in the local currency. In some cases, Stripe charges a fee. For more information, see [multi-currency settlement for Connect marketplaces and platforms](https://docs.stripe.com/connect/multicurrency-settlement.md).

## Track payouts with webhooks 

You can track all payout activity on connected accounts with webhooks by creating an [event destination](https://docs.stripe.com/event-destinations.md) and listening for these events:

- `payout.created`
- `payout.updated`
- `payout.paid`
- `payout.failed`

For most payouts, event notifications occur over a series of days. Instant payouts typically send `payout.paid` within 30 minutes.

When a payout can’t be completed, a `payout.failed` event occurs. The event’s `failure_code` property indicates the reason. A failed payout also disables the external account involved in that payout, triggering an `account.external_account.updated` event. No payouts can be made to that external account until the platform updates the connected account’s external accounts.

## Next steps

After your connected account can accept payments and pay out their revenue, configure how to [handle refunds and disputes](https://docs.stripe.com/connect/saas/tasks/refunds-disputes.md).