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

# Direct payments

> >-

<Info>
  **Only available in Chile**

  Direct payments is only available in Chile. It's not available in Mexico yet.
</Info>

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In direct payments, the money flows directly from your customer's bank account to the recipient account you specify.

If you collect the money in a single bank account, you'll need to periodically download your bank statement, run a reconciliation process to track and match Fintoc payments and handle any external bank transfers you may receive.

| Advantage                                                   | Disadvantage                                                                                                                                    |
| :---------------------------------------------------------- | :---------------------------------------------------------------------------------------------------------------------------------------------- |
| The funds arrive instantly in the recipient's bank account. | You need to run complex reconciliation processes to handle external bank transfers and other border cases, and track and match Fintoc payments. |

<br />

### **Fintoc Reconcilies**

This schema allows you to receive payments directly into your own bank account, while Fintoc will run a reconciliation process to help you track and match incoming transactions by accessing your account’s transaction records.

### **How it Works**

* Your customers send payments directly to your bank account.
* Fintoc has read access to your bank account’s transaction records.
* Every business day, Fintoc runs a reconciliation process to identify and match transactions. At the end of that process, Fintoc will send you a file with the reconciliation results.

### **Considerations**

* Only for Chile. Availability depends on your bank. Contact us to check if your bank account is eligible for this schema.
* The integration process is the same for Fintoc Reconciles and Direct Payments.

For more details on this reconciliation process, visit the **"Handling Payment Exceptions"** and **"Reporting and Reconciliation"** sections.