Settlement
Settlement Hours:
- Bridge moves funds on days when US banks are open.
- Bridge cannot move funds on US banking or federal holidays.
ACH: if a transaction is received after 1pm ET it will be processed the next business day
Wires: if a transaction is received after 5pm ET it will be processed the next business day
Stablecoin to fiat:
ACH: We send out ACH transactions in batches at 1:00pm ET. If your transaction is received before 1:00pm ET, it will go out in the current day's ACH batch. If the transaction is received after 1:00pm ET, it will go out in the next business day's batch.
Once sent, ACH transaction will take 1-2 business days to land in customer accounts.
Wire: Wires are generally sent within a few minutes of the stablecoins landing in a Bridge controlled deposit address. However, in some cases, it might take up to 90 minutes to complete the wire. Please note: wires can only be sent between 10a - 4:45p ET Monday through Friday. Wire transactions received after 4:45p ET will be sent first thing the next business day.
Once sent, wires will generally land in customer accounts within 60 minutes. However, the timing depends on the processing time at your customer's bank.
Fiat to stablecoin:
In most cases, Bridge will initiate stablecoin payments with a few minutes of the fiat landing within Bridge's bank account. However, in some cases, it might take up to 90 minutes to complete the stablecoin transaction.
Updated 11 months ago