ACH Processing Times

Understanding ACH and Real-Time Payment Timelines

• ACH transfers only move on business days (Mon–Fri), excluding U.S. bank holidays.
• Same Day ACH has three cutoff times within the business day.
• Real-Time Payments (RTP) are available 24/7/365, including weekends and holidays.

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Standard ACH Transfers

Standard ACH Debit

• Pulls funds from a customer’s bank account.
• Funds typically settle in 3–4 business days*.

*transfer deadlines are approximate

📌 Example: A monthly utility bill paid via bank draft.

Standard ACH Credit

• Pushes funds into a recipient’s bank account.
• If submitted before 5 PM ET and sent from the Paynote balance, funds arrive next business day.
• If submitted before 5 PM ET, but sent from your connected bank account, funds will arrive in 4 business days**.

*transfer deadlines are approximate. This timeline applies only if funds are sent from the Paynote balance.

**funds sent from the connected bank account will be paid 4 business days after the Submitted date.

📌 Example: Payroll direct deposit.

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Same Day ACH (Debit or Credit)

Same Day ACH allows you to move funds within the same business day—either by pulling from a customer’s account or pushing funds to a recipient—as long as you submit the transaction before cutoff.

Same Day ACH Debit

The key benefit is the ability to debit a customer’s account and funds are pulled the same day. This is ideal for new or less-trusted customers, time-sensitive payments, fraud checks, or faster order fulfillment.

With Same Day ACH Debits, the funds are paid into your receiving account (Paynote Balance) 2 business days after the transaction date.

*transfer deadlines are approximate

Same Day ACH Credit

When pushing funds (like payouts or disbursements), the recipient can receive the money same-day. The credit is sent from the Paynote Balance. Since it’s a push, there’s no return risk.

For funds to be received same-day, submit the transaction before 4 PM ET on any business day:

*transfer deadlines are approximate

📌 Examples:

• Debit: Charging a customer for a same-day service.
• Credit: Sending payroll or contractor payments with guaranteed same-day delivery.

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Real-Time Payments (RTP)

• Processes instantly, at any time—day, night, weekend, or holiday.
• Push-only: you can send money, not pull it.
• Both sender and receiver must be part of the RTP network (bank-dependent).

📌 Example: Paying a freelancer or contractor immediately after work is done.

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