How Long Do Payments Take To Reach Vendors?

Modified on Wed, 28 Feb 2024 at 09:43 PM

Below are the default timeframes and dollar limits for Ottimate VendorPay. Individual accounts may have different thresholds.



CheckACHVirtual Card

How long will it take to arrive?

1-2 Business Days to leave printing facility

5-7 Business Days to reach vendor via USPS

4-5 Business Days *Vendor’s bank may take 24 hours to display funds*

2-4 Business Days

What is the cutoff time for delivery?
12pm EST4pm EST4pm EST

When will the funds be removed from the bank account?

When the vendor deposits the check

When the payment leaves the “Scheduled” tab in Ottimate

When the payment leaves the “Scheduled” tab in Ottimate

Is there a limit?

$1,000,000

$75,000 (default)

$75,000 (default)

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