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How long to process and receive rent payments?

rent collection, receive rent payments, transfer payments, deposit funds, payment processing, receive money, bank account,

Ryan Barone avatar
Written by Ryan Barone
Updated over a week ago

💡 Rent Collection FAQ

Get quick answers about rent payment processing—how long it takes, when it shows up, and when it's deposited in your account!

⏱️ When will the rent payment show in RentRedi?

Immediately! Once a tenant initiates payment, it's recorded in RentRedi in real time.

🏦 When does the payment leave the tenant’s account?

Same-day withdrawal from a tenant's account for ACH payments made before 2 pm EST (if a payment is made after 2 pm EST, it will be pulled the following morning).

💸 When will the funds be available in your bank account?

Payments are typically deposited into the landlord’s bank account within 2–3 business days.

📅 What’s the Deposit Schedule?

Here’s RentRedi’s standard processing timeline:

🗓️ Payment Submitted

📥 Expected Deposit

Monday

Wednesday

Tuesday

Thursday

Wednesday

Friday

Thursday

Monday

Friday

Tuesday

⚠️Please note that the deposit schedule may vary due to several factors and the schedule above does not account for any delays outside of our control, such as a delay in the national banking system.

🔐 First-Time Payments & Verification

When you first sign up, payments undergo a standard verification process. As a safety measure for everyone on the platform, it may take a little longer to process payments at the very beginning.

🏛️ Bank Policies

Additionally, some banks may have their own policies about how long they hold your funds before they make them available. We recommend checking with your bank for details on their release policies.


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