Truthfully, although MT emails the vendor that it may take 4 days for an ACH to hit their bank account, it is actually there the very next day. Paper checks do take about 5 days but that's more a problem because of the USPS.
If you pay by check, it is delivered via first-class mail, typically 5 – 7 business days after the payment is authorized. ACH payments are deposited directly into vendor accounts within two business days of authorization.
MineralTree provides secure, easy-to-use, end-to-end Accounts Payable and payment automation solutions that reduce costs by more than 75%, increase visibility and control, mitigate fraud and risk, whi
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