Payment processing times

When you create a payment, you specify the effective date of the payment for ACH and a process date for wire transfers. For ACH, your payment is processed to meet the effective date. You cannot schedule a payment to process on a holiday or weekend. If you create a recurring payment and a recurring instance falls on a non-processing day, that instance automatically moves to another processing day.

Depending on the type of transaction and the type of non-processing day, the payment may move to either the next processing day or the previous processing day. Contact our financial institution for additional information.

Money is debited from your account on the effective date for the following Transaction Types:

• ACH Payment
• ACH Batch
• Payroll
• Tax Payment

Money is debited from your account on the process date for the following Transaction Types:

• Domestic Wire Transfer
• International Wire Transfer

Money is credited to your account on the effective date for the following Transaction Types:

• ACH Receipt
• ACH Collection

Note:  For ACH PassThru transactions, you select the process date for the file. Money is debited or credited on the effective date(s) specified in the file.