Understanding how Split works

Once the Split agreement is signed by both parties, MAKE:

• Automatically identifies deposits matching your active split agreements, regardless of which currency account the money is received in
• Calculates the split amount based on agreed percentages
• Transfers the receiver's portion to their appropriate currency account (to avoid FX conversion; if the same currency account isn't available, the portion is transferred to the primary account)
• Records all transactions for full transparency

Related articles

• Using Split
• Understanding multicurrency handling in Split