> For the complete documentation index, see [llms.txt](https://guide.pay.gov.sg/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.pay.gov.sg/faq/payouts-and-transaction-fees.md).

# Payouts and transaction fees

### What are Stripe's transaction fees?

You may refer to the bulk tender GVT (T) 24010 for Stripe's transaction fees.

### How are transaction fees paid?

Stripe deducts transaction fees from the payout before depositing it to your agency's bank account.

### Can I pay transaction fees separately instead of having it deducted from my payout?

No, Stripe uses net settlement and only deposits the payout upon transaction fee deduction.

### Can I customise the descriptor that will be reflected in payers' bank statements?

Yes, you can customise the descriptor on [Stripe's dashboard.](https://dashboard.stripe.com/settings/update/public/support-details)

### Can I customise the descriptor that will be reflected in my agency's bank statements?

You can contact Stripe directly to customise this.


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