Chexy requires a minimum of 4 business days between when your card is charged and when your payee is paid.
This ensures funds properly settle before being released.
How Recurring Dates Work
You select a monthly due date, not a fixed charge date.
Your actual card charge date may shift depending on:
Month length
Weekends
Public holidays (e.g., Christmas, statutory holidays)
Because of banking schedules, the charge date may not be the same calendar date every month.
Why the 4-Business-Day Rule Exists
Banks require settlement time.
Chexy cannot release funds to your payee until the charge has cleared.
This is why we require at least 4 business days of processing time.
What Happens If I Try to Change It Too Late?
If you are already inside the 4-business-day window:
The payment cannot be moved
It may roll to the next billing cycle
Once processing begins, changes are restricted.
Best Practice
Set your recurring payment 5–6 business days before your actual due date.
This provides buffer for:
Bank holidays
Month-end variations
Processing delays
Planning ahead helps prevent missed payments or cycle shifts.