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What Does the Payout Process Look Like?

Objective:

  • What does the Payout Process look like?
  • What is the Payout Process?
  • When should I expect to see my payments in my bank account?

Environment:

  • Clio Manage

Additional Information:

  • What Are Payouts?
  • It is possible you will see the funds deposit more quickly, but this will all be dependent on the banks and credit unions involved.
  • Details regarding transactions and payouts can be reviewed from the Clio Payments reports.
  • Please Note: On a daily basis, our payment processor will close off a day’s transactions based on UTC time. This means payments processed later in the afternoon in North America could be deposited a day later than payments that were processed on the same day in the morning due to the timezone that the firm is based in.

Answer:

Credit Cards Deposited to account within 2 business days.
eCheck/ACH Deposited to account within 5-7 business days.

 

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