Standard ACH Funding
Standard ACH transactions generally have a 1-5 day delay in hitting the merchants bank account.
Since eCheck transactions can have a 1-5 day delay the tables below indicate what we typically see in Payrix for a one-day delay after the transaction batch date (assuming 100% daily disbursements is setup). Based on this the merchant can expect to see the funds in their bank account the morning after the withdrawal goes out.
Merchant can usually expect the money to hit their bank account two days after the deposit. Exact timing on when the money hits the merchant account may be delayed if the merchant’s bank delays the release.
Transaction Batch Date (Batch Cut-Off - 9:30PM ET) | Withdrawal/Payout Date (Withdrawal Cut-Off - 6PM ET) | Merchant Account Deposit Date (Before Batch Cut-off) | Merchant Account Deposit Date (After Batch Cut-off) |
|---|---|---|---|
Monday | Tuesday | Thursday morning | Friday morning |
Tuesday | Wednesday | Friday morning | Monday morning |
Wednesday | Thursday | Monday morning | Tuesday morning |
Thursday | Friday | Tuesday morning | Wednesday morning |
Friday | Monday | Wednesday morning | Thursday morning |
Saturday | Monday | Wednesday morning | Thursday morning |
Sunday | Monday | Wednesday morning | Thursday morning |
Same-Day ACH Funding
Same-day ACH transactions are funded the day after the transaction was processed (assuming 100% daily disbursements is setup) as long as the requirements listed below are met.
Exact timing on when the money hits the merchant account can vary depending on when the processor settles and releases the funds to Payrix. Merchant can expect that by end of day on the deposit date to have those available.
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Additional information may be required from Risk to qualify for same-day ACH. |
Requirements:
25k limit of transactions per MID. Any amount exceeding this limit will be funded automatically.
Cutoff is 10:30AM ET.
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Transaction Batch Date
(Batch Cut-Off - 9:30PM ET)
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Merchant Account Deposit Date
(Before Batch Cut-off)
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Merchant Account Deposit Date
(After Batch Cut-off)
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Monday
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Tuesday afternoon
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Wednesday afternoon
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Tuesday
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Wednesday afternoon
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Thursday afternoon
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Wednesday
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Thursday afternoon
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Friday afternoon
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Thursday
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Friday afternoon
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Monday afternoon
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Friday
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Monday afternoon
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Monday afternoon
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Saturday
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Monday afternoon
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Monday afternoon
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Sunday
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Monday afternoon
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