Hold Times

Debit Hold Times

Hold times are calculated from the debit Date Sent. Transactions are considered paid the business day the hold time expires. On that day, a credit is sent to the Originator (the Merchant) for any cleared transactions. This credit posts to the Originator’s bank account on the business day following the Send Date of the credit.

3-Day Hold Example

2-Day Hold Example

1-Day Hold Example

Credit Funding Delay Times

Credits are subject to a funding delay period while we debit the Originator’s (the Merchant’s) bank account. The funding delay is counted from the business day following receipt of the credit transaction. This corresponds to the Date Sent of the debit to the Originator's account. The credit to the receiver is then sent on the day the funding delay period expires. This credit posts to the receiver's bank account on the business day following the Send Date of the credit.

3-Day Funding Delay Example

2-Day Funding Delay Example