If you're awaiting an incoming payment that was sent to your Rho account, here's how long it will take to settle:
| Payment Type |
Settlement Time |
Incoming Linked Account Transfer
(These happen via the ACH network) |
Up to 5 business days
(ex: A linked account transfer initiated Monday morning, should land Thursday afternoon.)
Settlement times can vary based on the policies of the sending bank. |
| Incoming ACH |
1-3 business days
Settlement times can vary based on the policies of the sending bank |
| Incoming Domestic Wire |
1-2 business days
Settlement times can vary based on the policies of the sending bank |
| Incoming International Wire |
1-5 business days
Settlement times can vary based on the policies of the sending and correspondent banks |
| Remote Check Deposit |
2-3 business days, subject to risk-based monitoring (generally up to 6-7 business days) |
| Savings to Checking Account Payments |
2 business days |
| Treasury to Checking Account Payments |
Before 2pm EST land next business day.
After 2pm EST will take 2 business days.
You can withdraw your funds at any time within 24 hours notice, without any fees or penalties.
Treasuries are processed in T+1 (one business day), and Bank CDs and IG Corps are processed in T+2 (two business days). |
Business Days means Monday through Friday, excluding bank holidays. Deposits made after 2PM ET on a business day or on a Saturday, Sunday or bank holiday are considered received on the next business day.
If an expected payment hasn't arrived to your Rho account: The best option is often to call the sending bank. However, we're happy to try to help. Please refer here for information on attempting to trace incoming funds. Please also note that Rho does not have visibility or control over external banks' settlement times/policies.
If you sent a payment from your Rho account to a vendor, here's how long it will take to settle in their account:
| Payment Type |
Settlement Time |
| Outgoing ACH |
Same-day if created before 2pm ET & under $1mm
Next day if created after 2pm ET, or over $1mm |
| Outgoing Domestic Wire |
Same-day if created before 4:45pm ET
Next day if created after 4:45pm ET |
| Outgoing International Wire |
Up to 5 Business Days |
| Outgoing Printed Check |
Up to 8 Business Days to arrive at recipient address (via USPS)
Once deposited, settlement times depend on the recipient bank. |
| Internal Payments Within the Same Business (Checking to Checking) |
Within 1 Hour |
| Internal Payments Between Different Businesses Holding Accounts at Rho (Checking to Checking) |
1 Business Day |
| Checking to Savings Account Payments |
2 Business Days |
| Checking to Treasury Account Payments |
Same-day if created before 4:45pm ET
Next day if created after 4:45pm ET |
| Vendor-Initiated ACH Pulls from a Rho Account |
Next Day (depending on the external bank policies)
Note: Please employ discretion before allowing this service by your vendors. |
If a sent payment hasn't arrived to your vendor's account: Please reach out to [email protected] to assist you in locating your payment. Please also note that Rho does not have visibility or control over external banks' settlement times/policies.
Please note that payments over $1mm could take an extra day to settle.
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