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Do US holidays affect deposit timing?

  March 15, 2022

Because most funds being transferred between banks move through the Automated Clearing House (ACH) in the U.S., funds you’re expecting to receive may show up a day or so later than anticipated during bank holidays. This is because ACH doesn’t operate on weekends or bank holidays.

This Applies to all deposits that use ACH, including payroll for most employers, unemployment or disability benefits, and deposits you’ve initiated from your own 3rd party bank in our App.