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Next Day Funding Terms & Conditions

The following Terms & Conditions apply only if MERCHANT has been accepted into the Next Day Funding Program.

NEXT DAY FUNDING is available for Visa®, Mastercard®, American Express®, Discover®1 and PayPal™ card transactions and PIN-based debit transactions only. Next Day Funding is subject to Bank approval and subject to all provisions of the Merchant Processing Terms & Conditions. Qualifying transactions are deposited on the next business day, excluding weekends and bank holidays.

Upon execution of this agreement and acceptance into the Next Day Funding Program, MERCHANT acknowledges and agrees to the Next Day Funding Rate or Monthly Fee, effective the first day of the month of acceptance. In order to enable Next Day Funding, MERCHANT must assist in the download/reprogram of the terminal/software application. Failure to do so will result in processed transactions settling under standard 48-hour funding guidelines.

Merchants must Batch transactions out prior to their assigned time for the Next Day Funding Program. Merchant should contact their sales representative for specific batch or cut-off time.


It is MERCHANT’s sole responsibility to batch MERCHANT's terminal by the above referenced Cut-Off Time. Transactions batched after Cut-Off Time will be treated as batched on the following business day. Next Day Funding of MERCHANTS may be impacted by circumstances beyond Bank’s control, such as disruptions in network processing or processing delays by a third party intermediary, and Bank is not liable to MERCHANT for any funding delays. Bank reserves the right to adjust or change Cut-Off Time at its sole discretion. If you have questions regarding your Cut-Off time, you may contact Customer Service at the number located on your statement.

MERCHANT agrees and understands that MERCHANT is not guaranteed to be accepted into this program. Even if accepted into this program, MERCHANT may be removed from this program at any time at the sole discretion of Bank.



1 Merchants who have a direct relationship with Discover (Discover Retained) or American Express are excluded from Next Day Funding.