If the Payee institution sees an ACH bank account, please note that if a drawdown has been completed before 3:00PM EST the payment amount will appear in the payee's bank account the next business day. If the payee completes a drawdown after 3:00pm EST the payment amount will appear in two business days.
If the Payee institution uses a Fedwire bank account, a payment request 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.