To view a simple breakdown of transfer timelines and fees, click here
ACH Bank Transaction timeline:
Regular ACH transactions are typically completed within 3-5 business days. Transactions are reviewed, which may result in delays or funds being frozen or removed from your Zirtue account.
When will my bank transaction arrive?
Assuming the transfer is from one ACH account to another ACH account, the transaction typically arrives within 3-5 business days.
Read on for a more detailed answer:
If a bank transfer was submitted on a weekday (Mon-Fri) - BEFORE - 7pm ET, the bank transfer could reach your bank account as soon as the next business day. (It could take up to 3 business days to arrive)
For example: If you request it on Monday before 7pm ET, it could arrive in your bank account as soon as Tuesday. It shouldn’t arrive later than Thursday
If you requested the bank transfer on a weekday (Mon-Fri) - AFTER - 7pm ET, the bank transfer will initiate on the next business day. It could then reach your bank account as soon as the business day after that. (It could take up to 3 business days to arrive)
For example: If you request it on Friday after 7pm ET, it will initiate on the next business day, Monday. Then it could arrive in your bank account as soon as Tuesday. It shouldn’t arrive later than Thursday
If you requested the bank transfer on a weekend (Saturday or Sunday), the bank transfer will initiate on the next business day (likely Monday). It could then reach your bank account as soon as the next business day after that (as early as Tuesday). (It could take up to 3-5 business days to arrive)
For example: If you request it on Saturday morning, it will initiate on the next business day, Monday. Then it could arrive in your bank account as soon as Tuesday. It shouldn’t arrive later than Thursday
Why are the timelines dependent on business days?
Bank transfer timelines are dependent on the Automated Clearing House (ACH), Zirtue’s banking partner (Checkbook.io), and your bank. If you’ve already initiated a standard bank transfer, there’s no way for us to expedite that process.
Based on the info above, I should have already received my bank transfer, but I don’t see it. Where is it?
Sometimes the transfer may post on your bank statement on a different date than the one estimated in the app, so be sure to check the surrounding dates as well.
Holidays considerations:
For holidays falling on Saturday, Federal Reserve Banks and Branches will be open the preceding Friday.
For holidays falling on Sunday, Federal Reserve Banks and Branches will be closed the following Monday.