Plooto indicates that they have a standard 2 business day clearing period with all the banks they deal with - this includes both vendor and customer payments.. If the transaction is input before noon, that counts as day 1. This means that there is usually a 3-4 day turn around on payments depending on how fast the vendor accepts the transfer of funds.

Plooto will include an estimated date when there is no banking info on file for the customer/vendor yet, so that you have an idea when the funds will be received.

Learn more about Plooto.

Updated: March2017