Transfers, found under the Finance tab, provides a clear view of batched funds that have been transferred from Anedot to the organization's bank account. Within Transfers, you will be able to find the date a transfer occurred, the bank to which funds were transferred, the status of the transfer, and the amount transferred.
Transfer Status
Requested: A transfer has been initiated for the account.
Batched: When a transfer is batched, that means that the funds associated with the transfer are in transit to the bank account. Requested transfers typically take 2-3 business days to reach the bank account.
Released: Funds have been released to the bank account.
Transfer Timeline
Transfers are automatically sent to the connected bank account at your chosen schedule of every 2, 7, or 30 days.
Once a transfer has been initiated, it typically takes 2-3 business days for your funds to become available in the organization's bank account.