Payout Schedules

How your organization receives payments is determined by the agreement in the service agreement with Spacewise. There are three payout schedules to choose from. Once issued, payouts usually take between 1-3 business days to clear and reach the organization's bank account. 

Per booking

This will trigger payouts to occur as soon as a lease starts. This is the default method set up for light users. 


This payout schedule collects rent totals over a 30-day period and deposits them in one sum to the organization. 


If desired, rent payments can be deposited on a quarterly basis. Rent totals will be collected over a 90-day period and deposited in one sum to the organization. 

Contact Spacewise to discuss which payout schedule suits your organization's needs.

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