I love Stripe as well, but one thing keeps me wondering - why do their bank payouts take so long?

My company is based in Norway, and I see funds arriving a week after they are marked "on the way to your bank". Money get sent like that every day, but arrive only after a week from a local bank. I know that local bank transfers are reconciled multiple times a day, and I can't see why there is a delay.

The money sending frequency setting seems just misleading to me.