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How to settle a group on Bounce?

Go to your group, check the balances, then tap “Settle” to send or request the amounts owed. Everything is simplified and automatic.

Updated over 3 weeks ago

Once expenses are added in a group, Bounce automatically calculates who owes what to whom. You can then settle your debts directly in the app without doing the math yourself.

The amounts owed to each group member are calculated in a way that minimizes the number of transfers needed.

Settle expenses in a group

  • Open the group in question.

  • In the group profile menu, select your own profile. You will see a summary of your balance in the group:

If you owe money, the amount will be shown.

If you are owed money, that will also be displayed.

  • Tap “Settle.”

If you are owed money, tap “Send a reminder.” This will notify your friends to send you a Bounce for the amount owed. If the reimbursement happened outside Bounce, click “Mark as settled.” If you owe money, tap Confirm.

  • Make sure you have selected the correct bank account or your Bounce Pay, then swipe up just like for a regular Bounce transfer.

  • Be sure to choose your payment method carefully, as you will not be able to cancel this transaction.

  • Confirm the transfer.

The payment is automatically linked to the group debt, and the balance updates in real time.

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