What is an Account Statement?
Fanny Leong avatar
Written by Fanny Leong
Updated over a week ago

This is a monthly account statement showing all transactions completed using your WALLET (Prepaid or PayLater) over the previous month. The Office finance email address will receive a Monthly Statement for every single currency used in the previous month. For example, if you have used CAD, EUR and USD during the previous month you will receive 3 separate monthly account statement .

Please see below all the transactions type which can be included in your Monthly Account Statement.

Top-Up : Funds you have top up on your Prepaid Balance.

Kindly note that only completed transactions are displayed (Status = Successful). Pending funds on your balance are not displayed (Status = Waiting for funds).

Booking Prepayment : All bookings paid with 'CargoWALLET Prepaid' payment method. It includes the additional 10% held to cover any unforeseen extra costs related to the shipment. After the final amount is confirmed, the difference will be adjusted with your Prepaid Balance.

Booking Adjustment : Once the airline submit the final invoice to us, we will make the Booking Adjustment (Invoice final amount โ€“ Booking Prepayment).

Your Prepaid balance will be credited/debited thereafter.

PayLater 30 days : All bookings paid with the "CargoWALLET 30 d" payment method with a due date within that month. The due amount shall be paid with the CargoWALLET Prepaid Balance in the same currency as the PayLater 30 days invoice.

PayLater 60 days : All bookings paid with the "CargoWALLET 60 d" payment method with a due date within that month. The due amount shall be paid with the CargoWALLET Prepaid Balance in the same currency as the PayLater 60 days invoice.

THIS IS A SAMPLE ONLY

We hope you find this article useful!

Note: Images shown here are for illustrative purposes only.

CargoAi reserves the right to change the actual screen layout without prior notice.

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