Bank account deposit times

Since Cord does not hold funds, the time it takes for the money to reach your bank account depends entirely on the payment method your client chose.

1. Manual transfer to your payout account

If the client pays you manually by making a bank transfer to the payout account you registered in Cord Settings — the CLABE in Mexico, or the IBAN, routing number, sort code, or other local format depending on your country — the money goes directly to your bank immediately. Cord is not in the middle of this transaction. You must log in to Cord and mark the quote as paid.

2. Online payments

If you activated Cord Payments and the customer pays by card, by transfer to the account Cord shows them (SPEI in Mexican pesos; bank transfer with a reference in EUR, GBP or USD) or by bank debit, the money enters your connected payment account.

• A bank debit takes days to confirm before it counts as collected: up to 6 business days with SEPA, up to 4 with ACH, 4 with Bacs (7 with a new mandate) and up to 5 with Canadian pre-authorized debit. A bank transfer with a reference is recorded once it arrives in full. Both are new and may not be enabled on your account yet.
• Timing depends on method, country, risk review, and account history; there is no universal deposit date.
• Go to Payments to review the status and estimated date of each deposit. A successful payment can appear before its bank deposit.