Earnnest expedites (accelerates) every possible payment today, using multiple balance checks to ensure an individual payment qualifies to be expedited during the payment process. This means that the majority of Earnnest payments clear and deposit in 1-3 business days, while also providing the protection and good funds standard our customers expect.
For any Earnnest payment under $100K, whether an earnest or non-earnest money payment, it typically takes 1-3 business days for the payment to deposit (Monday-Friday). Some payments made through credit unions and local banks can take 4-5 business days to deposit, as they do not meet Earnnest’s technical requirements for expedited payments.
For any Earnnest payment greater than $100k, whether an earnest or non-earnest money payment, it typically takes 4-5 business days for the payment to deposit (Monday-Friday), as these are all moving via the standard ACH transfer process.
Certain factors can influence the deposit timeline of an individual payment. These factors include the time it takes for the payer's funds to clear and ACH holidays (during which the Automated Clearing House network is closed).
Earnnest is good funds. To-date, Earnnest has moved more than $3 billion in funds, all with zero instances of fraud. Thank you for choosing Earnnest - and let us know if you have additional questions!
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