What is the Clearing Period for Credit cards?
Our Clearing Period for paper payment instruments is seven business banking days. Although most paper payments may clear in a very short period, our clearing period is necessary to protect us against NSF or fraud. Due to the number of payments we process, we are unable to call on each payment to verify its date of clearance. It is your responsibility to make sure funds are available. You are given 3 business days to rectify any non-payment. You won’t want to miss any commissions due!
