How long does it take to transmit funds?

Credits

Fundbox processes credit transactions once a day, using the ACH system.
To receive the funds as soon as the next business day, be sure to draw before noon PST, Monday—Thursday.

If you draw funds after this cutoff, on weekends, or near banking holidays, we'll only process the transaction on the next business day, so it could take a few extra days before you receive the credit.

Repayments

Fundbox automatically debits the weekly scheduled repayments, every Wednesday via ACH, from the bank account where we sent the funds. It takes about a week (5 business days) for banks to verify transactions, so you'll see the repaid amount replenished in your available Fundbox Credit on the Tuesday following each repayment.

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