If you are using Punchey Merchant Services, funds for credit and debit card transactions are deposited to your business bank account on the following schedule:
Funding Schedule
If I process on: | I receive funds on: |
Friday, Sat & Sun until @ 9:20 PM Eastern | Tuesday by 5:00 AM |
Monday until @ 9:20 PM Eastern | Wednesday by 5:00 AM |
Tuesday until @ 9:20 PM Eastern | Thursday by 5:00 AM |
Wednesday until @ 9:20 PM Eastern | Friday by 5:00 AM |
Thursday until @ 9:20 PM Eastern | Monday by 5:00 AM |
Please note: On banking holidays and weekends the Federal Reserve does not operate the ACH system so deposits can not be made.
You can view bank holidays here: https://www.frbservices.org/about/holiday-schedules/index.html