What are the initial hold/ delay on payouts? Etelegate.
. When will I receive my first payment? You will receive a disbursement after the delay as explained above. For example, your transactions started on Monday, February 7th 2005 and ended on Sunday February 13th 2005. This would be your first transaction week. Then you processed 2 more weeks which would conclude your second and third transaction week. Your first settlement would go out on Monday, March 7th 2005, and reach your account on March 9th or 10th via ACH, and a few days later via wire transfer payments. In short, you will always be paid three weeks in the arrears of your ending initial pay period. Back to top What is Rolling Reserve? A “rolling reserve,” is a percentage of your Gross Sales held by our banks to protect against future credits or charge backs. The amount of withholding is 10% of your GROSS Sales, and so long as there are not excessive credits or charge-backs is returned to you in approximately 180 days with a future payout.
Related Questions
- Why does Assurant Employee Benefits pay the employer portion of FICA during the Initial FICA period but not during the Return-to-Work FICA period?
- Is oil pulling something that needs to be done indefinitely or can it be tapered to 2-3x/week after an initial daily period?
- What are the initial hold/ delay on payouts? Etelegate.
