Supported Payment Rails and Transfer Times

Overview:

Reah provides access to the most reliable financial networks, ensuring your business can move funds with speed and transparency. Understanding the processing times for each rail helps you manage your liquidity and treasury operations more effectively.

This guide covers:

• Supported Payment Rails: An overview of the domestic and international networks available.

• Processing & Settlement Times: How long it takes for funds to clear and reflect in your balance.

• Real-World Examples: Practical scenarios choosing between ACH, Wire, and FedNow.

Payment Rails & Processing Times

Real-World Examples

Example 1: Urgent Liquidity Needs via FedNow

A treasurer needs to move funds into their Reah USD balance late on a Friday evening to prepare for a weekend investment opportunity.

• The Process: They initiate a FedNow transfer from their external bank.

• The Result: The funds arrive and are reflected in their Reah dashboard instantly, despite it being outside of traditional banking hours. The treasurer can deploy the capital immediately, with the transaction automatically categorized in the ledger.

Example 2: Standard Vendor Payment via ACH

An operations manager needs to settle a non-urgent $5,000 invoice for office supplies.

• The Process: They select the vendor from the Address Book and choose ACH as the outbound rail to keep costs at zero.

• The Result: The transaction is broadcast, and the funds arrive in the vendor's bank account within 2 business days. Reah’s unified ledger matches the payment to the internal note and syncs the reconciled data to QuickBooks automatically once the transfer is confirmed.