When will it reach the recipient?

If you've sent a payment through Rho, it will settle at the recipient bank in accordance with standards within the federal banking system.

ACH Payments: ACH payments sent before 12:00PM EST should settle same-day. Standard ACH payments sent after the 12:00PM EST cutoff time can take between 1-3 business days to settle. Please note that settlement times can vary based on the policies of the recipient bank.

Domestic Wire Payments: Domestic Wire payments should settle same-day if sent before 3:00PM EST in most cases. Domestic wires that are sent after the 3:00PM EST cutoff should settle on the next business day. Please note settlement times can vary based on the policies of the recipient bank. If over 3 business days have passed and the recipient has not yet received the funds, please reach out to a Rho business banker to request federal tracing numbers on the transaction (IMAD/OMAD details) so the recipient bank can locate it.

International Wires: International wires should arrive between 1-5 business days. Please note settlement times can vary based on the policies of the recipient bank. If over 5 business days have passed and the recipient has not yet received the funds, please reach out to a Rho business banker to request federal tracing numbers on the transaction (IMAD/OMAD details) so the recipient bank can locate it.

Check Deposits: Check deposits can take between 5-7 business days to clear. Checks issued by Rho Business Banking can take between 5-7 business days to arrive at recipients via the U.S. postal service.

Linked Account Transfers: Linked Account transfers can take 2-3 business days to settle.

Did this answer your question?