What is the maximum payment amount?
After each successful sale, Kagi automatically adds the new sales revenue to your account balance (less any applicable Kagi fees, affiliate payouts, partner splits, etc.). Based on your payment schedule, Kagi pays you up to four times per month by check or wire transfer. We hope your business will grow and find success. In this event, your account balance may begin to reach astronomical values. Some banks charge processing fees for check deposits exceeding a certain dollar value. If your bank charges a high-dollar check processing fee, Kagi allows you to set a maximum payment amount. Instead of sending you one check for your entire account balance, Kagi will issue a series of checks in increments less than your maximum payment amount. For example, if your bank charges you a fee for processing checks larger than $10,000, you might set your maximum payment amount to $10,000. If Kagi owes you $30,000, we’ll issue three checks for $10,000 to help you avoid unnecessary banking fees.
Electronic Payments are validated against the account balance prior to processing, and check payments settle against your account like any other check; therefore, there is no dollar limitation on payments made through Bill Pay. You are limited only by the amount of funds in your account. Can I stop payment for bill checks? You may stop payments for checks only. After the check is printed and mailed, the payment history will show the check number for that payment. The stop payment would be added in the same manner as for a regular check written out of your checkbook. However, you will be charged for this service. When do funds for payments debit my account? For an Electronic Payment, funds are debited the same day the payment is sent, if the payment is sent before 12:00 noon CST. Electronic Payments submitted after 12:00 noon CST are debited the next business day. Check Payment funds are debited from the account when the check clears the account. Are checks drawn against my account mail
