MONESQ issues payouts each business day at 6 PM Central for any payments processed that day, depending on when the funds for those transactions become available. For new accounts, we cannot issue the first payout until 7 days after the first payment has been successfully processed.
- For payments made to your operating account, we will deduct transaction fees from the payout.
- For payments made to your trust account, no fees will be deducted. Instead, at the end of each month, we will withdraw transaction fees from your operating account.
- All payouts will show up as from MONESQ in your bank statement, and will also display the invoices included in each payout.
Funds should generally post to your bank within 3 or 4 business days after you receive payment.
Allow additional time for weekends and Holidays.
Please sign in to leave a comment.