How long does it take for a transfer to complete?

A bank or credit union transaction usually takes up to 5-7 business days to complete via the Automated Clearing House network (ACH) used by banks to transfer funds. However, the first payout for every newly created account is typically paid out 7 days after the first successful payment is received. This waiting period can be up to 14 days for businesses in certain industries. This delay allows the payment processor to mitigate some of the risks inherent in providing credit services.

A credit card payment process usually takes up to 2-3 business days.

Last updated:
Jul. 21, 2022