Devdraft accesses fiat rails only on banking days and during banking hours, with one exception: FedNow operates 24/7/365, including weekends and public holidays. Refer to the table below for cutoff times and settlement speeds for payments with fiat destinations (offramps):
Currency
Rail
Cutoff (ET)
Settlement Time
Notes
USD
Next Day ACH
1:00 PM
8:30 AM next business day
Devdraft submits batches at 1:00 PM ET daily. Post-cutoff, we will process next day. ACH funds typically land in 1–2 banking days.
USD
Same Day ACH
9:30 AM, 1:45 PM, 3:45 PM
1:00 PM, 5:00 PM, 6:00 PM same day
Same-day settlement at receiving bank. Availability depends on that bank.
USD
Wire
4:45 PM
~2 hours after sending
Transactions after 4:45 PM ET are sent next banking day. Please note that receiving banks may process wires at their own speed.
USD
FedNow
None
Seconds
Available 24/7/365, including weekends and public holidays. No cutoff windows. Settlement speed depends on the sending institution’s FedNow participation. Not all banks support FedNow yet, but availability is expanding as more institutions join the network.
