At Tithely, your default deposit schedule is set to weekly, every Wednesday, which is designed to provide a balance of consistency, security, and cost-efficiency. This article explains how our deposit process works, what to expect based on the type of transaction, and key factors that might impact your deposit timing.
First, be sure you're familiar with our full deposit reporting. See Viewing Your Bank Deposit Reports.
Next, let's discuss the differences between credit/debit and bank account / ACH transactions.
Deposit Timing Based on Transaction Type
1. Credit/Debit Card Transactions
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Deposited with a 2-business day delay.
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Example: A transaction made on Monday will be available to be deposited on Wednesday.
2. ACH/eCheck/Bank Account Transactions
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Can take up to 10 business days to process.
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This delay is due to bank-to-bank transfer processes that don’t include third-party institutions like Visa or Mastercard.
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Example: A donation made on Sunday may not be available for deposit until the following week.
Weekly (Wednesday) Deposit Schedule
By default, all eligible funds are deposited every Wednesday. This includes:
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Credit/Debit transactions that have passed the 2-day clearance.
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ACH transactions that have completed the longer processing timeline.
⏳ Waiting for your deposit? Remember that all transactions need to clear first, and then they are included in the next Wednesday deposit. Below shows the longest potential processing period. However, ACH may clear faster depending on the donors bank and churches bank.
Important Notes
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The very first transaction through Tithely will take ten (10) business days to be deposited into your bank account. This is part of our security and vetting process. This initial 10-day delay only happens once.
Account Verification
Every customer undergoes a screening process to ensure risk compliance and the legitimacy of the organization and representative(s). During this screening process, deposits are restricted. Our Priority team screens all new accounts within two (2) business days. Additional information may be requested through a banner on the dashboard or via PipeFile, a secure file transfer service.
Funds will be held if, for some reason, you do not provide all required/requested information for us to verify that you are a legitimate organization and are in compliance with regulatory requirements.
Our support staff will handle any delays in deposits immediately once you reach out.
Holidays and Deposits
If a bank holiday falls during the week:
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Credit/Debit and ACH deposits may be delayed by one or more days.
- If a holiday falls on your scheduled deposit day (in the below case, Wednesday), an attempt to deposit funds to your account will be made the next business day.
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If the holiday lands on a Monday and your weekly deposit is set for Wednesday, your deposit may skip that week and resume the following Wednesday.
Can I Change My Deposit Schedule?
Yes—but with caution. While options like daily or monthly are available (except in Japan), these increase operational complexity and risk. We strongly recommend sticking with weekly (Wednesday) deposits unless you have a specific financial reason to change.
To make this change, follow the steps outlined in Updating Your Deposit Schedule and Statement Descriptor Settings.
⚠️ It takes up to 2 business days for a schedule change to take effect.
Why We Recommend Weekly Deposits
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Lower security risks
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Easier reconciliation and reporting
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The preferred schedule for most churches using Tithely