> ## Documentation Index
> Fetch the complete documentation index at: https://www.cashfree.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Settlements

> Understand how Cashfree settles funds to your bank account, including cycles, on-demand settlements, holds, and reconciling credits in the dashboard.

export const posthog_0 = undefined

<AccordionGroup>
  <Accordion title="What are settlements?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What are settlements?" })}>
    Settlements refer to the process of transferring funds to your (merchant) bank account after aggregating the transaction amount and deducting our applicable charges and adjustments (Refunds, Chargebacks, etc). [Learn more about settlements](/docs/payments/manage/settlements).

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23what-are-settlements" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="What are the different types of settlements?" onClick={() => posthog_0.capture('Accordion Clicked', { title: " What are the different types of settlements?" })}>
    The different types of settlements are as follows:

    1. **Standard settlements (Default)**: Standard settlements are processed on a T+1 or T+2 basis, depending on your configured settlement cycle:
       * T+1: The amount is settled on the next business day after the transaction.
       * T+2: The amount is settled two business days after the transaction.
         <Note>Business days exclude weekends and bank holidays. If the scheduled settlement day falls on a non-working day, the settlement will occur on the next working day.</Note>

    For example:

    * If a transaction occurs on Friday, June 3:
      * For T+1 settlement, funds will be settled on Monday, June 6, as Saturday and Sunday are non-working days.
      * For T+2 settlement, funds will be settled on Tuesday, June 7.

    2. **Instant settlements**: Instant Settlements enable you to access your funds within 15 minutes, significantly faster than the standard T+2 settlement cycle.

    3. **On-demand settlements**: On-demand settlements allow instant fund transfers to your bank 24x7, including holidays, for a small fee. Activation is required, as the default cycle is T+2 days.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23-different-types-of-settlements" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="How do I check settlements in my bank account?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How do I check settlements in my bank account?" })}>
    Each settlement includes a Unique Transaction Reference (UTR) provided by our banking partners. You can view this number in the settlement section by clicking on a specific settlement ID. Additionally, Settlement Reports can be downloaded from the Reports section to access the UTR, which serves as a unique reference across banks for tracking specific settlements in your bank account.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23how-do-i-check-settlements-in-my-bank-account" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="Which account receives the settlement amount, and how can I view it?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "Which account receives the settlement amount, and how can I view it?" })}>
    Settlements are credited to the bank account you add when you set up your merchant account. Settlements include the total transaction value minus any applicable charges and adjustments.

    To view or manage your settlement bank account, go to **[Payment Gateway Dashboard](https://merchant.cashfree.com/merchants/pg/settings/bank-accounts?env=prod) > Settings > Bank Accounts** in your .

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23which-account-receives-the-settlement-amount" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="My Settlement isn't credited yet, what do I do?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "My Settlement isn't credited yet, what do I do?" })}>
    If your settlement is scheduled for today, please wait until the end of the day (EOD).
    In the rare case of a delay from the bank’s side (such as due to network issues or public holidays), we’ll keep you informed and share updates as soon as possible.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23my-settlement-is-not-credited-yet-what-do-i-do" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="If my settlement failed previously, can it be attempted again?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "If my settlement failed previously, can it be attempted again?" })}>
    If your settlement fails, it will automatically be reattempted during your next settlement cycle.
    The settlement will reinitiate only if you are an active transacting merchant, which means you must have at least one successful transaction during that cycle.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23if-my-settlement-failed-previously-can-it-be-attempted-again" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="The status of my settlement shows as failed on the Dashboard. What do I do?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "The status of my settlement shows as failed on the Dashboard. What do I do?" })}>
    Based on the settlement’s failure reason, take the corrective actions and this will get settled in the next settlement cycle.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23the-status-of-my-settlement-shows-as-failed-on-the-dashboard-what-do-i-do" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="How does on-demand settlement work, and what are the steps to activate it?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How does on-demand settlement work, and what are the steps to activate it?" })}>
    With on-demand settlements, you can request settlements to your bank account on any day and at any time 24x7, including holidays.

    You can specify the amount you want to withdraw as per your requirement. A small fee is applicable to process these settlements. On-demand settlements enable you to receive the unsettled amount to your bank account instantly 24x7 including holidays.

    By default, the settlement cycle is t+2\* days, where 't' is the day of the transaction. To use on-demand settlements, the feature must be enabled.

    <img src="https://mintcdn.com/cashfreepayments-d00050e9/qsaxjAgGR7S8hUG_/static/help/payments/settlements/SettelmentsonDemand_updated.gif?s=6c4f1db80bdce36698d48b7b881d035c" alt="1200" width="1200" height="628" data-path="static/help/payments/settlements/SettelmentsonDemand_updated.gif" />

    On-Demand Settlement Flow

    ### Activate on-demand settlements

    To enable instant settlement from the Cashfree dashboard:

    1. Go to the Payment Gateway Dashboard.
    2. Navigate to the Settlements section.
    3. Look for the On-Demand Settlements option.
       If you're eligible, you'll see options to configure On-Demand settlements.

    After activation, you can request settlements instantly 24x7 including holidays.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=Payment-Gateway-Settlements-7" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="How to initiate On-Demand Settlements?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How to initiate On-Demand Settlements?" })}>
    1. Go to Payment Gateway Dashboard > Settlements > On-Demand.

    2. In the On-Demand settlement screen, click Request Activation. The feature activation request will be sent to your Cashfree account manager, and they will enable it for you. You will receive an email after the feature has been activated.

    After activation, you can request settlements instantly 24x7 including holidays.

    ### Initiate on-demand settlement

    To initiate an on-demand settlement, you must first get the feature activated. After activation, you can request settlements instantly 24x7 including holidays.

    To initiate on-demand settlement,

    1. Go to Payment Gateway Dashboard > Settlements > On-Demand > click Settle Now.

    2. In the On-Demand Settlement screen, specify the amount you want to withdraw and click Confirm. You will see the amount you are allowed to withdraw and the additional charges applicable is also shown.

           <img src="https://mintcdn.com/cashfreepayments-d00050e9/qsaxjAgGR7S8hUG_/static/help/payments/settlements/5.png?fit=max&auto=format&n=qsaxjAgGR7S8hUG_&q=85&s=046da31e238c49aafdfb1a7b736a15f9" alt="3584" width="3584" height="2084" data-path="static/help/payments/settlements/5.png" />

    Settlement Amount
    You will see a success screen as shown below:

    <img src="https://mintcdn.com/cashfreepayments-d00050e9/qsaxjAgGR7S8hUG_/static/help/payments/settlements/6.png?fit=max&auto=format&n=qsaxjAgGR7S8hUG_&q=85&s=66d503cf874160c87a28b5764d33f3e6" alt="3584" width="3584" height="2080" data-path="static/help/payments/settlements/6.png" />

    Settlement Success

    You will see all the settlements received in the Settlements > On-Demand screen. You can click the individual settlements to know more details.

    <Note>
      Settlement cycle is subject to bank approval and can vary based on transaction type, business category/model, risk parameters and other factors.
    </Note>

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=Payment-Gateway-Settlements-8" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="Is there a bank holidays list I can refer to for settlement purpose?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "Is there a bank holidays list I can refer to for settlement purpose?" })}>
    At Cashfree, we follow the RBI's bank holiday list for Mumbai. You can refer to the [RBI bank holiday list](https://www.rbi.org.in/Scripts/HolidayMatrixDisplay.aspx). There can be other holidays that banks may observe which may vary bank to bank and state to state. We send regular updates related to settlements, to receive the emails, you can get your email ID for settlement notifications using your Cashfree Dashboard.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23is-there-a-bank-holidays-list-i-can-refer-to-for-settlement-purpose" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title=" How are settlements processed?" onClick={() => posthog_0.capture('Accordion Clicked', { title: " How are settlements processed?" })}>
    Cashfree offers you the fastest settlement cycle. By default the settlement cycle will be T+2\* days, which means a payment captured on Monday, will be credited to your account on Wednesday i.e three working days.

    <Note>
      The settlements aren't processed on banking holidays. You can refer to the [RBI's bank holiday list](https://www.rbi.org.in/Scripts/HolidayMatrixDisplay.aspx).
    </Note>

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23-how-are-settlements-processed" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="What is an instant settlement?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What is an instant settlement?" })}>
    Cashfree’s instant settlements enable businesses to receive funds almost instantly, with cycles starting from 15 minutes, reducing the standard T+1 or T+2 settlement periods. Eligibility requires meeting specific criteria. For more information, fill out the [Support Form](https://merchant.cashfree.com/merchants/landing?env=prod\&raise_issue=1).

    Instant settlement is an advanced payment gateway feature offered by Cashfree that lets you access your funds within 15 minutes of payment capture from the customer. This will help you to respond faster to new business opportunities, and get complete control over your working capital.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Finstant-settlements%23what-is-an-instant-settlement" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="How instant settlements will help you grow your businesses?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How instant settlements will help you grow your businesses?" })}>
    * Manage your working capital better: With instant access to your funds, you can plan your business expenditure better and drive your business towards growth. This can also help avoid the dependency on costly short-term loans to meet business needs.

    - Make fool-proof projections: You can now plan your short-term business goals better without the need to assume the revenue you are yet to receive. You can take calculated risks based on your liquidity and not shoot in the dark.

    - Handle refunds and chargebacks better: The uncertainty around the usual settlement cycles often affect transactions where the customer has requested for a refund or a chargeback immediately. With instant settlements, you get instant access to those funds and in case of refunds or chargebacks, you can happily reverse the payments instantly, without the need to incur any loss for those transactions.

          <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Finstant-settlements%23how-instant-settlements-will-help-you-grow-your-businesses" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="Are there any processing fees for instant settlements?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "Are there any processing fees for instant settlements?" })}>
    Yes, a nominal fee is applied for processing instant settlements.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Finstant-settlements%23are-there-any-processing-fees-for-instant-settlements" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="Is there any limit on instant settlements?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "Is there any limit on instant settlements?" })}>
    Yes, we've introduced limits on instant settlements to streamline the settlement process and meet your daily needs. With limits, you can:

    * Settle a specified amount up to the assigned limit until the next working day.

    * Benefit from faster and higher success rates throughout the working day.

    For any queries, fill out the [Support Form](https://merchant.cashfree.com/merchants/landing?env=prod\&raise_issue=1)

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Finstant-settlements%23is-there-any-limit-on-instant-settlements" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title=" How do I enable instant settlements?" onClick={() => posthog_0.capture('Accordion Clicked', { title: " How do I enable instant settlements?" })}>
    To activate instant settlements (IS) for your account, please follow the steps below:

    * Your account already comes with a ₹50,000/- settlement limit auto-activated for instant settlements.
    * If you want to increase this limit, you can [request activation on the Merchant Dashboard](https://merchant.cashfree.com/merchants/pg/settlements/standard) for your account.
    * Once the request is submitted, your account will be reviewed and, if eligible, instant settlements will be enabled for you.

    If you have any further queries, please reach out to us through the 24/7 [Chatbot](https://merchant.cashfree.com/common/settings?open=chat) on the Merchant Dashboard.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Finstant-settlements%23-how-do-i-enable-instant-settlements" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="What are the eligibility criteria and activation requirements for instant settlements?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What are the eligibility criteria and activation requirements for instant settlements?" })}>
    To be eligible for instant settlements, the following conditions must be met:

    * Your merchant account must be fully onboarded and KYC-verified (business details, bank account, etc).

    * Your transaction history, business category, risk profile and bank approval must satisfy the criteria for instant settlements.

    * The feature is subject to the account being configured and the merchant being deemed eligible; once your request is submitted, it will be reviewed and enabled where applicable.

    Once enabled, you'll see the instant settlement limits and usage in **Merchant Dashboard → Payment Gateway → Settlements → Online**.

    After activation or limit-increase, you will be able to use instant settlements (funds credited within \~15 minutes) instead of the standard T+1/T+2 settlement cycle.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Finstant-settlements%23eligibility-criteria-activation-requirements" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="How do I check unsettled amount?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How do I check unsettled amount?" })}>
    You can check the unsettled amount from the **Summary and Settlement** sections of the Merchant Dashboard.

    1. Log in to your account on the [Merchant Dashboard](https://merchant.cashfree.com/auth/login).
    2. Navigate to the **Summary** section on the Payment Gateway module. This section displays:
       * The total transaction amount for the day.
       * The amount to be settled (unsettled amount).
    3. For a detailed view:

       1. Navigate to the **Settlement** section.
       2. Select the Standard option.

       The unsettled amount will be displayed on the screen.

           <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Finstant-settlements%23-how-do-i-enable-instant-settlements" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="What fields are included in Cashfree settlement reconciliation reports?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What fields are included in Cashfree settlement reconciliation reports?" })}>
    Cashfree settlement reconciliation reports and APIs include transaction and settlement-related details. The data contains fields such as Settlement ID, UTR, Order ID, Cashfree Payment ID, Transaction Amount, Settlement Amount, Service Charges, GST, Payment Mode, Settlement Status, and Customer Details. This allows for reconciliation at an individual order level.

    You can access settlement reconciliation data from:

    * The [Settlement Reconciliation API](/docs/api-reference/payments/latest/settlement-reconciliation/settlement-reconciliation)
    * Downloadable reports from your Merchant Dashboard under **Payment Gateway > Reports**
  </Accordion>

  <Accordion title="What do the SETTLEMENT_INITIATED and SETTLEMENT_SUCCESS statuses mean?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What do the SETTLEMENT_INITIATED and SETTLEMENT_SUCCESS statuses mean?" })}>
    * **SETTLEMENT\_INITIATED**: This is an internal Cashfree status indicating that the settlement cycle has been triggered and the batch is being prepared. The transfer instruction has not yet been sent to the bank. Do not trigger downstream payouts based on this status.

    * **SETTLEMENT\_SUCCESS**: This means Cashfree has sent the settlement instruction to the bank and the bank has acknowledged it. This status is typically accompanied by a UTR (Unique Transaction Reference) number in the webhook payload, confirming the instruction (NEFT/IMPS/RTGS) has been submitted to the banking network.
  </Accordion>

  <Accordion title="How can I confirm that settlement funds have actually been credited to my bank account?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How can I confirm that settlement funds have actually been credited to my bank account?" })}>
    Cashfree does not receive a real-time confirmation callback from banks for final credit. The `SETTLEMENT_SUCCESS` status combined with a UTR number is the terminal confirmation event from Cashfree. To confirm actual receipt, reconcile your bank statement against the UTR number provided in the `SETTLEMENT_SUCCESS` webhook payload.

    Typical credit timelines after `SETTLEMENT_SUCCESS`:

    | Payment rail | Typical credit time                               |
    | :----------- | :------------------------------------------------ |
    | IMPS         | 0–30 minutes                                      |
    | NEFT         | 30 minutes to 2 hours (depending on batch timing) |
    | RTGS         | Same banking day, usually within 2 hours          |
  </Accordion>

  <Accordion title="What happens if a settlement fails or is reversed?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What happens if a settlement fails or is reversed?" })}>
    Cashfree provides webhooks for failure and reversal scenarios:

    * **SETTLEMENT\_FAILED**: Triggered if the bank rejects the instruction (for example, due to incorrect account details). Funds return to Cashfree's nodal account, and a re-settlement is typically attempted in the next cycle. This event fires within a few hours of failure.
    * **SETTLEMENT\_REVERSED**: Triggered if a previously successful settlement is reversed by the bank (for example, due to compliance holds). This typically occurs within 1–3 banking days.
  </Accordion>

  <Accordion title="How do I use the Settlement Reconciliation API, and what version should I use?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How do I use the Settlement Reconciliation API, and what version should I use?" })}>
    Use the [Settlement Reconciliation API](/docs/api-reference/payments/latest/settlement-reconciliation/settlement-reconciliation) (`POST /settlement/recon`) to fetch settlement reconciliation details. It uses standard `x-client-id` and `x-client-secret` authentication. No separate enablement is required. Pass `x-api-version: 2026-01-01`.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23how-do-i-use-the-settlement-reconciliation-api" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="What are the rate limits and recommended date windows for the Settlement Reconciliation API?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What are the rate limits and recommended date windows for the Settlement Reconciliation API?" })}>
    The [Settlement Reconciliation API](/docs/api-reference/payments/latest/settlement-reconciliation/settlement-reconciliation) uses cursor-based pagination. The default `pagination.limit` is 10. The maximum is 1000, though your account configuration can set a lower maximum.

    For historical backfills, keep each date window short (for example, 1 to 7 days) and page through results using the cursor returned in the response.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23settlement-recon-api-rate-limits" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="How can I identify the MDR and GST charged for a specific transaction in the settlement reconciliation report?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How can I identify the MDR and GST charged for a specific transaction in the settlement reconciliation report?" })}>
    In the Settlement Reconciliation API response, use the following fields:

    * `event_service_charge`: the MDR amount for that transaction.
    * `event_service_tax`: the GST charged on that MDR.

    The net settlement amount is calculated as:

    ```text theme={"dark"}
    event_settlement_amount = event_amount - event_service_charge - event_service_tax
    ```

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23how-to-identify-mdr-and-gst-in-settlement-recon" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="How do I verify the signature for Cashfree settlement webhooks?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "How do I verify the signature for Cashfree settlement webhooks?" })}>
    Settlement webhooks use the same signature headers as other Cashfree Payments webhooks. Verify the `x-webhook-signature` against the timestamp and raw request body before you process the payload.

    For the full procedure and code samples, see [Webhook signature verification](/docs/payments/online/webhooks/signature-verification).

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23how-to-verify-settlement-webhook-signature" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>

  <Accordion title="What event types are used in the Settlement Reconciliation API to distinguish between payments, refunds, and disputes?" onClick={() => posthog_0.capture('Accordion Clicked', { title: "What event types are used in the Settlement Reconciliation API to distinguish between payments, refunds, and disputes?" })}>
    The Settlement Reconciliation API uses the `event_type` field to categorise transactions. Possible values are:

    | `event_type`          | Description                  |
    | --------------------- | ---------------------------- |
    | `PAYMENT`             | Successful payment credit    |
    | `REFUND`              | Refund debit from settlement |
    | `REFUND_REVERSAL`     | Reversal of a refund         |
    | `DISPUTE`             | Dispute debit                |
    | `DISPUTE_REVERSAL`    | Reversal of a dispute        |
    | `CHARGEBACK`          | Chargeback debit             |
    | `CHARGEBACK_REVERSAL` | Reversal of a chargeback     |
    | `OTHER_ADJUSTMENT`    | Manual or other adjustments  |

    For refund records, `sale_type` is `DEBIT` and `bank_reference` contains the refund UTR.

    <iframe src="https://www.cashfree.com/devstudio/preview/pg/embed/faqFeedback?section=payments%2Fsettlements%23settlement-recon-event-types" style={{ width: "100%", height: "65px", border: "none" }} title="FAQs feedback component" />
  </Accordion>
</AccordionGroup>