There’s no denying that one of the biggest pains for small businesses is cash flow. No matter how well you plan, you can always end up in a pinch for cash. Waiting around for your funds is stressful, even on your biggest sales days it can take time for that money to show up in your bank account. Get rid of the turnaround times, and instead turn days into hours with North American Bancard’s newest funding option: Same Day Funding!
Take control of your money with Same Day Funding from NAB.
Get rid of turnaround times with Same Day Funding. Easily have your funds sent to your bank account the very same day!
The details.
When using Same Day Funding, all transactions your business has processed before 10:30 a.m. ET will be included in your same day deposit. These funds will then be deposited into your bank account that day with the exact time varying depending on your bank.
Please note: Any transactions made after the cut off time will be funded the next day. Same Day Funding costs 1% of the total deposit with a maximum value of $50,000 per daily transfer.
The setup.
Easily enable Same Day Funding by visiting your settings in the Payanywhere app or Payments Hub. Select funding, then choose Same Day Funding.
The other options.
Next Day Funding: This is the default funding option, no changes need to be made if you want to continue funding this way. As a refresher, all transactions processed before 10 p.m. ET will be available the very next business day Monday – Friday, with funds from Saturday and Sunday deposited on Mondays.
Instant Funding: Coming soon! Stay tuned for more information.
For a complete breakdown of Next Day, Same Day, and Instant Funding, watch our funding overview video.
For more information.
For more information about our Same Day and Next Day Funding options, visit our funding page.
