By default, payments will be deposited on the earliest possible date.
If the payee institution uses an ACH bank account, payment requests submitted prior to 3:00 PM EST will be deposited on the next business day. Payment requests submitted after 3:00 PM EST will be deposited in two business days.
If the payee institution uses a Fedwire bank account, payment requests submitted prior to 2:00 PM EST will be deposited on the same business day. Payment requests submitted after 2:00 PM EST will be deposited on the next business day.