Once your loan has been approved and you've accepted it, the amount you request will typically be deposited in your bank account within 1 business day. For example, if you accept your loan on Monday afternoon, you should see the requested amount in your bank account by Tuesday.
However, in some cases it can take up to 3 business days for the money to become available in your bank account.
- Transfers don't move between banks on weekends on holidays. This means if you accept your loan on Friday afternoon, you’ll typically see it in your bank account on Monday morning.
- Transfers don't move between banks after a certain cutoff time each day. For example, if you accept your loan on Monday at 11:30pm, the transfer won't be initiated until Tuesday. You may not see it in your bank account until Wednesday.
- Different banks have different rules for when they make funds available. Depending on your bank, it can take 1-3 business days before money is available in your account.