How Long do Savings Account Transfers Take?

Funds transferred from your Savings Account can take 1-2 business days to settle.

As transfers to/from Rho Savings Accounts are facilitated by our banking partner, American Deposit Management, we are unfortunately unable to expedite their settlement time. We always recommend allotting 2 business days for Savings transfers if those funds are needed to satisfy vendor payments.

Funds transferred from your Rho Checking Account to your Savings Account typically settle the same business day, if processed before the cutoff time of 1:00 PM ET.

Help Center

>

Banking

>

Savings Accounts

Categories

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks. Mastercard^® and the circles design are trademarks of Mastercard International Incorporated. International and foreign currency payments services provided by Wise US., Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and is subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.

Images used are for illustrative purposes only.

How Long do Savings Account Transfers Take?

Heading 2

Heading 3

Heading 4

Heading 5

Heading 6