When does the Twitch payout take place?

Hi, wanted to ask when the Twitch payout always arrives, is it processed after 15 days at the end of the month or does it arrive directly?

I heard that it is only paid out at the end of the month. And only from a certain amount (100 euro if I'm not mistaken). I'm not there but that is my knowledge when others can talk about it but it can also be wrong.