I supposed to recieve a ACH check deposit to my bank account, the person wire me on wednesday late afternoon, and I understand there is a cut off time for wiring money, I was just wondering how long does it take to receive the ACH deposit? will I get it on monday? thank you!
2007-09-09 07:13:13 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
IF it was ELECTRONICALLY transferred on Wednesday, it should have been in your account by close of business on Thursday. ACH and wire transfer are two different methods of electronic transfer.
2007-09-09 07:43:40 · answer #1 · answered by STEVEN F 7 · 1⤊ 0⤋
The cut off time for wire transfers is usually 2:00 pm. If the wire was put in on Wednesday after that time then it should have been processed the next business day. Wire transfers are available immediately after processing. If it's an ACH deposit those can take up to a week to process.
2007-09-09 14:35:18 · answer #2 · answered by vegas_vixen24 2 · 0⤊ 1⤋
Between 2 and 3 days. By the way, an ACH and a wire transfer are two differnt methods of tranferring funds.
2007-09-09 14:30:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋