What are next day transfers?
With next day transfers, your takings will be transferred to your bank account the next working day, instead of the usual three to five days.
Please note that your funds will be transferred anytime between 9am and 5pm the next day.
What day will funds reach my account?
Your takings are totalled in line with your banking window (either 6pm or 3am), and transferred to your bank the following working day. Check out the transfer schedule below for details:
6pm banking window
| Transaction day | Transferred |
| Monday - Thursday |
The next working day E.g transactions processed on Monday up until 5.59pm, will be available in your account on Tuesday |
| Friday - Sunday |
Monday E.g transactions processed on Saturday up until 5.59pm, will be available in your account on Monday. |
3am banking window
| Transaction day | Transferred |
| Monday - Thursday |
The next working day E.g transactions processed on Monday up until 2.59am, will be available in your account on Tuesday |
| Friday - Saturday |
Monday E.g transactions processed on Saturday up until 2.59am, will be available in your account on Monday. |
| Sunday |
Tuesday |
Do I need to run an End of Day report to receive my takings?
You don't need to run an End of Day report to receive your takings via next day transfers. Your card machine will automatically batch your takings for settlement at the end of the daily banking window.
End of Day reports are useful when cashing up and will reset your card machine totals to zero - making the next day's reconciling easier.
Who is eligible for next day transfers?
Next day transfers are currently only available to eligible customers. Eligibility is determined by account information, including acquiring bank, business type, tenure and turnover.