The article has been updated successfully.Funds transfers can take up to 72 hours. Just like with checks you physically deposit into your bank, it may take about 48 hours for the funds to become available, in addition to 24 hours for the processor (in this case, Vericheck), to clear the transaction. This time frame may be extended slightly if transactions are processed on Fridays after 3pm, due to your bank’s business hours.
Note that Propertyware does not float monies. While the majority of 3rd party processors float funds and accrue interest off these transactions before depositing them into the customer's bank account (a process which increases the time that elapses before funds are deposited), Propertyware does not, because we believe you should receive your funds as quickly as possible without any extra added delays.
