Description: Learn about deposits and schedules for US and Canadian merchants.
United States
Funding Types
Shift4 defaults most merchants to Next-Day 24-hour funding unless requested or changed otherwise.
Funding types:
- Next-Day Funding 24-hour funding: Funds are deposited the next business day.
- Two-Day Funding 48-hour funding: Funds are deposited on the second business day.
- Same-Day Funding: Funds are deposited between 1:00 p.m. ET and 5:00 p.m. ET.
Note: If your batch is not closed before the cutoff times below, the funds are deposited up to 1 business day later.
Batch Settlement Cut Off Times
The batch settlement cutoff times vary depending on the funding type and time zone.
Next-Day 24-Hour Funding
| Batch Day | Batched Before 11:00 PM EST | Batched After 11:00 PM EST |
| Monday | Tuesday | Wednesday |
| Tuesday | Wednesday | Thursday |
| Wednesday | Thursday | Friday |
| Thursday | Friday | Monday |
| Friday, Saturday, or Sunday | Monday | Tuesday |
Two-Day 48-Hour Funding
| Batch Day | Batched Before 5:00 AM EST | Batched After 5:00 AM EST |
| Monday | Wednesday | Thursday |
| Tuesday | Thursday | Friday |
| Wednesday | Friday | Monday |
| Thursday or Friday | Monday | Monday |
| Saturday or Sunday | Tuesday | Tuesday |
Same-Day Funding
| Batch Day | Batched Before 8:00 AM EST | Batched After 8:00 AM EST |
| Monday | Monday | Tuesday |
| Tuesday | Tuesday | Wednesday |
| Wednesday | Wednesday | Thursday |
| Thursday | Thursday | Friday |
| Friday | Friday | Monday |
| Saturday or Sunday | Monday | Monday |
Federal Banking Holidays
If your deposit is scheduled on a federal banking holiday, it will be delayed by one day. The table below lists federal banking holidays from 2024 to 2026.
| 2024 | 2025 | 2026 | |
| New Year's Day | January 1 | January 1 | January 1 |
| Birthday of Martin Luther King, Jr. | January 15 | January 20 | January 19 |
| Washington's Birthday | February 19 | February 17 | February 16 |
| Memorial Day | May 27 | May 26 | May 25 |
| Juneteenth National Independence Day | June 19 | June 19 | June 19 |
| Independence Day | July 4 | July 4 | July 4 |
| Labor Day | September 2 | September 1 | September 7 |
| Columbus Day | October 14 | October 13 | October 12 |
| Veterans Day | November 11 | November 11 | November 11 |
| Thanksgiving Day | November 28 | November 27 | November 26 |
| Christmas Day | December 25 | December 25 | December 25 |
Note: The contents of this table have been taken from www.federalreserve.gov.
Canada
Batch Settlement Cut-Off Times
Next-Day 24-Hour Funding
| Batch Day | Batched Before Recommended Batch Time | Batched After Recommended Batch Time |
| Monday | Tuesday | Wednesday |
| Tuesday | Wednesday | Thursday |
| Wednesday | Thursday | Friday |
| Thursday | Friday | Monday |
| Friday, Saturday, or Sunday | Monday | Tuesday |
Note: These are recommended batch times to make sure the merchant makes the next-day funding cut-off.
| Merchant Province | Batch Cut-off Time in Eastern time | Batch Cut-off Time in Merchant Local Time |
| Newfoundland & Nunavu | Batch of 10:00 pm EST for the cutoff of 10:30 pm EST | Batch of 11:30 pm NST for the cutoff of 12:00 am NST |
| New Brunswick, Nova Scotia, Prince Edward Island |
Batch of 10:30 pm EST for the cutoff of 11:00 pm EST |
Batch of 11:30 pm AT for the cutoff of 12:00 am AT |
| Ontario, Quebec | Batch of 11:30 pm EST for the cutoff of 12:00 am EST |
Batch of 11:30 pm EST for the cutoff of 12:00 am EST |
| Manitoba | Batch of 12:30 am EST for the cutoff of 1:00 am EST | Batch of 11:30 pm CDT for the cutoff of 12:00 am CDT |
| Saskatchewa | Batch of 12:30 am EST for the cutoff of 1:00 am EST | Batch of 10:30 pm CST for the cutoff of 11:00 pm CST |
| British Columbia, Yukon |
Anytime before 2:00 am EST |
Batch of 11:00 pm PDT |
|
Alberta, Northwest Territories |
Anytime before 2:00 am EST |
Batch of 12:00 am MDT |
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