Settlement & Payout
Settlement and Payout Guide
When will I be paid?
The payment settlement period is the amount of time from the day an order is delivered, to the day when funds are released to a seller for the completed order(s).For details of each Settlement Type, and the qualifying criteria for each type, please read carefully this Policy Guide.
After the Settlement Period, if the seller's settlement amount is positive and exceeds the minimum payout threshold of 1 JPY, and the seller has entered valid payment information in the Seller Center, TikTok Shop will automatically initiate payouts on the 1st and 14th of each month. It may take around 1 to 3 business days, depending on the processing bank, for the funds to be credited to the sellers' bank account after the payout is marked as paid.
Exceptions:Payouts may be initiated outside of the 1st and 14th of each month in the following scenarios:
- If you are a new seller, your first payout will be initiated as soon as your orders are settled and the amount exceeds 1 JPY, which may occur on any day of the month. Subsequent payouts will follow the regular schedule on the 1st and 14th.
- If a payout fails due to invalid bank account information or other reasons, once the issue is resolved, the system will automatically retry the payout the next day to ensure timely processing.
How to update my bank account information for payouts?
For your security, only the shop owner can add or update the bank account details used for payouts. You can confirm if your current login is the owner account by clicking the 'Profile' icon in the top right corner of the Seller Center.
| Step 1 | Accessing the Bank Account Settings from your owner accountOption 1: Go to Finances -> Overview. Scroll down to the Primary bank account section and click Manage bank account. |  |
| Option 2: Alternatively, you can go to My Account -> Account setting, select Bank Accounts. |   | |
| Step 2 | Click the Change Account button. |  |
| Step 3 | Select add payment method. |  |
| Step 4 | Enter the code sent to your mobile number or email address. |  |
| Step 5 | Enter your bank account information and continue. Notes: The katakana name should match the information you provided during onboarding. For Corporate applicants, please bind your company's bank account instead of a personal bank account. |  |
| Step 6 | If you wish to use the newly added bank account for your payouts, you can set it as your primary account.Notes:The primary bank account is the default account for receiving payouts.If you replace the primary bank account, processing payouts will still be deposited into your old bank account, future payouts will be deposited into the new account. |  |