What Time Does Citibank Direct Deposit Hit (2024)

FAQs

What time does Citibank make funds available? ›

Funds Availability at Citibank

Our General Policy Our general policy is to make funds from any type of check deposit available to you no later than the first business day after the day of your deposit. This includes government checks, cashier's checks and other special types of checks described below.

Deposits received before the end of a business day will be credited to your account that day. There may be a delay before these funds are available for you to use.

Usually, you'll have access to your direct deposit at the opening of business on your payday — by 9 a.m. In many cases, direct deposits hit accounts even earlier, often between midnight and 6 a.m. on payday morning. But there are factors that can affect how long it takes your direct deposit to become available.

An Enhanced Direct Deposit (EDD) is an electronic deposit through the Automated Clearing House (“ACH”) Network of payroll, pension, social security, government benefits and other payments to your checking or savings account totaling at least $250 or more in a calendar month.

The payment cut-off time for online bill payments is midnight ET. This means we will credit your account as of the calendar day, based on Eastern Time, that we receive your payment request.

Funds deposited electronically or by cash are generally available by the business day after the banking day they were deposited. Review your deposit account agreement for policies specific to your bank and your account. Refer to 12 CFR 229 "Availability of Funds and Collection of Checks (Regulation CC)."

Standard deposit times

Most recipients can expect their direct deposits to be available by 9 a.m. on payday, with many banks allowing funds to be released between midnight and 6 a.m. If your bank allows for the funds to be released sooner, you'll see them then.

You're more likely to find a digital bank with early direct deposit than a brick-and-mortar one. A surprising number of global banks still don't offer the service. They include, but are not limited to, PNC, Chase Bank, Citibank, Bank of America, and Wells Fargo.

Simply log onto your bank account profile and look at your checking account or savings account history. Depending on when payment was sent, your money could come up as pending direct deposit in either one of these accounts. Go into your bank account history to check the status of your money.

Why haven't I received my direct deposit? ›

If a scheduled deposit hasn't posted to your account, you can: Ask a bank representative if the problem is with the financial institution. Check with your employer or the organization that issued the direct deposit. Make sure you provided the right account information and routing number.

Standard ACH credit transactions can post as soon as 8:30 in the morning the following day, while ACH debit transactions typically take one to three business days to complete. The ACH network submits transactions at 6 a.m., 12 p.m., 4 p.m., 5:30 p.m., and 10 p.m. Eastern Time (ET).

Monday to Thursday 3:00pm to 5:00pm.

Qualifying direct deposits are Automated Clearing House (ACH) credits, which may include payroll, pension or government payments (such as Social Security) by your employer or an outside agency. Qualifying bill payments are those using Citibank® Online, CitiMobile® or CitiPhone Banking®.

Standard deposit times

Most recipients can expect their direct deposits to be available by 9 a.m. on payday, with many banks allowing funds to be released between midnight and 6 a.m. If your bank allows for the funds to be released sooner, you'll see them then.

Funds deposited before 9:00 p.m. ET on a business day will generally be available the next business day. Funds deposited before 8:00 p.m. PT on a business day will generally be available the next business day. You will be notified if a hold is placed on any deposited funds.

BACS payments will usually go into an account between 1am and 7am. This is the standard BACS payment time, so if a payment doesn't arrive by 7am, it may be processed the next working day.