ACH MICRO DEPOSITS FOR CONNECTED BANK ACCOUNTS
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If you're connecting your bank account for the first time to the Silicon Prairie Online (SPPX) portal via ACH (Automated Clearing House) -- the full process can take 2-3 business days because the entire system is based on 1970's era steam-powered COBOL applications running on mainframes. No Joke. Transactions are batched together and uploaded four times per BUSINESS day. Some banks will show the transfer in your account the moment the batch processes. Most banks however only do their settlements overnight and will show the transactions on the next business day. Read more about ACH MICRO DEPOSITS FOR CONNECTED BANK ACCOUNTS