How and when are the Online Payment funds from Auctionpay received?
All funds, less any applicable fees, will be transferred to the client’s bank account twice each month. For approved charges submitted between the 1st and 15th of each month, deposits will be made no later than the 5th business day following the 15th. For approved charges submitted between the 16th and last day of each month, deposits will be made no later than the 5th business day of the following month. When the deposit is made, a detailed statement is emailed to the organization.
