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What is the "Clear Now" button on my Account Summary page? |
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"Clear Now" allows you to make a pending deposit instantly available at a 6.9% fee. For example if your pending deposit is $100.00, a fee of $6.90 will be deducted from your pending deposit amount. On your Account Summary it will appear as $100.00 credit and $6.90 debit, which gives you $93.10 of instantly available funds for merchant payments.
To use "Clear Now", select a pending deposit from the pending transactions list that you would like to make instantly available and click the "Clear Now" button to the right of the pending deposit. This will take you through steps that would allow you to make the selected pending deposit instantly available for merchant payments.
"Clear Now" is only available for pending deposits that will not lead you to exceed your "Deposit Limit". Click here to view your deposit limit.
Note: There is a waiting period of 5 business days before you are able to withdraw these funds to your bank account. |
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