Standard ACH is the default processing option for bank transfers, requiring no additional setup or configuration. It applies to both ACH payment in (debit) and ACH payment out (credit) transfers.

Key Points to Note for Standard ACH Transfers:

• Export deadline: Approximately 5 p.m. EST
• Transfer processing time:
  • Debit transfers: 3-4 business days
  • Credit transfers: 1-2 business days
• Processed on business days (processing unavailable on weekends and banking holidays)

Standard ACH Debit (Payment In)

A Standard ACH debit from a bank to the Paynote Network processes within 3-4 business days. This extended processing time accounts for ACH returns and processing delays, and checks on common return codes like insufficient funds and invalid bank accounts. If a failure occurs during ACH processing, the transfer will be marked with a return code.

STANDARD ACH DEBIT TRANSFER SCHEDULE

All times in Eastern Times (EST) (approximate deadlines)

Standard ACH Credit (Payment Out)

A Standard ACH credit from the Paynote Network to a bank processes within 1-2 business days.

STANDARD ACH CREDIT TRANSFER SCHEDULE

All times in Eastern Time (EST) (*approximate deadlines)

*Paynote cannot guarantee an exact deadline for transmission of ACH files. Please be mindful that these are target cut-off times for transfer processing.