Audience: Accounting Manager, Payment Authorizer
This list shows delivery times (in business days) for different payments types. (i.e. when a vendor may expect to have payment details in hand. Their own processing times may vary.
- Wire: 1 hour
- Credit Card: Same evening
- ACH: Next day*
- Expedited check: Next day +1 (for a fee)
- Check: Payment date + 5 days**
* If approved before the daily cutoff time (varies by bank)
** Checks that are approved for immediate payment (date "Not Set") will be mailed on the following day
- ACH payment with dates on a Friday may be debited to your account the same day, but funds will not be transmitted until Monday.
- Check payments can be delivered overnight for a fee. Please see this article.