PACB Cut-Off Time and Settlement Guidelines

At EximPe, we want your cross-border payments to be smooth and predictable. Here’s a simple guide to help you understand how and when your funds are settled in India.

To help ensure timely settlements, please review the PACB cut-off times and corresponding payment and invoice submission timelines based on your currency and transfer day.

🕒 Currency Cut-Off Times (Local Time)

📅 Settlement Timelines

✅ Payments from Monday to Thursday

If payment is received before the cut-off time:

• 💰 Money reaches India the next working day
• 🧾 If invoice is submitted by 11:00 AM → Settlement happens that same day
• 🧾 If invoice is submitted after 11:00 AM → Settlement happens on the next working day

If payment is received after the cut-off time:

• ⏩ Payment is processed the next working day
• 🔁 Follow the same invoice rules as above

📦 Payments on Friday or over the weekend

If payment is received before Friday cut-off:

• 🧾 Submit invoice by 11:00 AM on Monday → Settlement on Monday

If payment is received after Friday cut-off and before Monday cut-off:

• 🧾 Submit invoice by 11:00 AM on Tuesday → Settlement on Tuesday

🔍 Real Example: How It Plays Out

Let’s say you’re receiving a USD payment.

🧾 Scenario:

• Payment made: Wednesday at 6:00 PM IST
• Payment received: By 6:30 PM IST
• ✅ This is before the USD cut-off time of 7:30 PM IST

💡 What happens next?

1. Thursday morning: Funds are credited to India
2. Thursday, 9:30 AM–12:00 PM IST: FX conversion takes place
3. You now have two choices:

📌 Key Points to Remember

• 🕒 All cut-off times are in IST (Indian Standard Time)
• ✅EximPe is notified about the payment collection once the compliance checks are run and approved (usually within 15–30 minutes).
• 💱 FX conversion happens between 9:30 AM and 12 noon IST — submit your invoice before this window for same-day settlement
• 📤 To ensure fastest settlement:
  → Collect funds before cut-off
  → Submit invoice before 11:00 AM IST
• 🚫 No settlements on weekends or public holidays

📬 Need Help?

If you have any questions, reach out to our support team — we’re here for you!