Bolt follows industry-standard practices for settlement and funding. The typical process takes approximately two days from order placement to availability, and works as follows:
- All card network transactions captured by 4 PM PT/7 PM ET on a given day will be settled at 7 AM Pacific Time(PT)/10 AM Eastern Time(ET), on the following business day. Upon settlement, funds are moved from your unsettled balance to your settled balance, and as a result, are made ready for transfer to your bank account.
- On each business day, Bolt initiates a bulk transfer to your bank account for all transactions that were settled at 7 AM PT/10 AM ET that morning. At this point, a list of all transactions included in the transfer can be exported for reconciliation using the instructions here. This transfer occurs at 9 AM PT/12 PM (noon)ET.
Daily Settlement & Payout Schedule (Times are in Eastern Time)
|Day of Week||Transactions Settled and Transferred||New Funds Available*|
|Sunday||No Settlement||No New Funds Available|
|Monday||4 PM Thursday - 4 PM Sunday||4 PM Tuesday - 4 PM Wednesday|
|Tuesday||4 PM Sunday - 4 PM Monday||4 PM Wednesday - 4 PM Friday|
|Wednesday||4 PM Monday - 4 PM Tuesday||4 PM Saturday - 4 PM Sunday|
|Thursday||4 PM Tuesday - 4 PM Wednesday||4 PM Sunday - 4 PM Monday|
|Friday||4 PM Wednesday - 4 PM Thursday||4 PM Monday - 4 PM Tuesday|
|Saturday||No Settlement||No New Funds Available|
*Based on a 24 hour time between when the bank receives the funds and when the bank posts the funds to your account. Funds availability may be faster or slower depending on your bank.