If you've sent a payment through Rho, it will settle at the recipient bank in accordance with standards within the federal banking system, as described below:
ACH Payments: Standard ACH payments take between 1-3 business days to settle. ACH payments below $25,000 sent before 2:00PM ET will settle same-day. Settlement times can vary based on the policies of the recipient bank.
Domestic Wire Payments: Domestic Wire payments settle same-day if sent before 3:00PM ET in most cases. Settlement times can vary based on the policies of the recipient bank.
International Wires: International wires should arrive between 1-5 business days. Please let your business banker know if you are expecting to send or receive international wires.
Check Deposits: Check deposits can take between 3-7 business days to clear. Checks issued by Rho Business Banking can take between 3-7 business days to arrive at recipients via the U.S. postal service.
Rho Business Banking is happy to help track payments created within your Rho Account. Email your business banker or firstname.lastname@example.org for help with sending payments.