Funding schedule for card transactions

Important: If your deposit date falls on a Saturday, Sunday, or a US bank holiday, you receive your funds the next business day. 

 

After you close your batch, we submit the transactions to the processors who send us the funds from the issuing banks. After we remove our fees, we deposit the funds into your bank account by Automated Clearing House (ACH). 

The time it takes to deposit the funds into your bank account depends on your funding schedule:

  • Next Day Funding – Close your batch before 11:45 PM Central Standard Time (CST) and we send the transactions for processing the next business day. You then receive your funds the following business day. Next Day Funding is the default funding schedule that we provide merchants at no additional cost.
  • Money Express AM – Close your batch before 3:45 AM CST and receive your funds by the end of the same business day. Money Express AM is a paid option.
  • Money Express PM – Close your batch before 6:45 PM CST and receive your funds the next business day. Money Express PM is a paid option.

Note: To change your funding schedule, contact your Sales Agent.

 

After we send the funds to your bank account, you can use Payroc Insights to the view the details of the funds that we sent. For more information about how to view the details of the funds that we sent you, go to View your ACH deposits for card transactions in Payroc Insights.

Next Day Funding

With Next Day Funding, if you close your batch before 11:45 PM CST, we send the transactions for processing the next business day. You receive your funds the following business day.

When you close your batch Day we deposit funds
Monday before 11:45 PM CST Wednesday
Tuesday before 11:45 PM CST Thursday
Wednesday before 11:45 PM CST Friday
Thursday before 11:45 PM CST Monday
Friday before 11:45 PM CST Tuesday
Saturday before 11:45 PM CST Tuesday
Sunday before 11:45 PM CST Tuesday

Money Express AM

With Money Express AM, if you close your batch before 3:45 AM CST, you receive your funds the same business day. 

Note: If you’re a First Data merchant who is on the Money Express AM funding schedule, you must close your batch earlier. For more information about the funding schedule for First Data merchants, go to Funding schedule for First Data merchants.

 
When you close your batch  Time we deposit funds
Monday before 3:45 AM CST Monday evening
Tuesday before 3:45 AM CST Tuesday evening
Wednesday before 3:45 AM CST Wednesday evening
Thursday before 3:45 AM CST Thursday evening
Friday before 3:45 AM CST Friday evening
Saturday before 3:45 AM CST Monday evening
Sunday before 3:45 AM CST Monday evening

Money Express PM

With Money Express PM, if you close your batch before 6:45 PM CST, you receive your funds the next business day.

Note: If you’re a First Data merchant who is on the Money Express PM funding schedule, you must close your batch earlier. For more information about the funding schedule for First Data merchants, go to Funding schedule for First Data merchants.

 
When you close your batch  Time we deposit funds
Monday before 6:45 PM CST Tuesday morning
Tuesday before 6:45 PM CST Wednesday morning
Wednesday before 6:45 PM CST Thursday morning
Thursday before 6:45 PM CST Friday morning
Friday before 6:45 PM CST Monday morning
Saturday before 6:45 PM CST Monday morning
Sunday before 6:45 PM CST Monday morning

Funding schedule for First Data merchants

If you're a First Data merchant and use the Money Express funding schedule, you must close your batch earlier because it takes longer for your batch to reach us for processing. 

Note: You’re a First Data merchant if your merchant ID (MID) starts with 409162.

 

The batch cutoff times for First Data merchants are:

  • Money Express AM – Close your batch by 7:45 PM CST. 
  • Money Express PM – Close your batch by 3:45 PM CST.