For practical reason and to avoid unneccessary paperwork we would like to switch to annual billing (rather than monthly) on our BitBucket account. Is this possible? I cant find any page to set this option. Please advise.



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Assuming you are using Bitbucket Cloud, see: 


The FAQ says:

"At this time, it is not possible to change payment plans (monthly/annual) from a My Atlassian account or within your Atlassian Cloud site. Please Contact Us to ask about what is involved with switching."

So I'd suggest you try contacting Atlassian directly at: 

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