Learn how Cash on Delivery (COD) remittance works in iCarry.in and how to choose a faster payout cycle.
COD remittance is the amount credited to your account after a COD shipment is delivered. The default cycle is T+7 days - meaning you receive the payment 7 days after delivery. With iCarry.in, you can switch to faster cycles like T+0 or T+1 based on your business needs. For example, if you choose T+0 and a shipment is delivered today, you'll receive the payment the next working day. Remittances are processed only on working days - not on Sundays or public holidays.
To change your settings, go to COD > Settings from the left menu. Select your preferred remittance cycle. For the destination account, there are three options: remittance to bank only (delayed until any shortfall is cleared), automatically split between bank and wallet (immediate), or credited fully into wallet (immediate).