Payment section

You can make payments with Clearing using the payment section. Payments can be made from your external bank account or your Clearing balance to any bank account in the US.

Yes, you can use your external bank account as a source of funds to make payments with Clearing. If your external bank account is not available as a source of funds, it may be because your bank does not support third-party applications like Clearing for making payments. Troubleshooting options include checking the account details and clicking on "learn more about paying from this account" to verify payment eligibility.

You can pay various recipients, such as vendors (e.g., cleaners), homeowners, and any US bank account. Recipients are saved objects that include details such as first and last name, business name, email, account type (checking/savings), and bank account information.

ACH stands for Automated Clearing House, which is the network used for bank-to-bank transactions in the United States. Clearing uses ACH for its payments.

The processing time depends on whether you're paying from an external bank account or Clearing balance. For external transfers, it may take 2-4 business days, while transfers from the Clearing balance are faster, usually within one or two days.

In the payment section, you can create a new recipient by entering their details, such as first and last name, business name, email, account type, bank account number, and routing number. Once entered, the recipient is saved for future payments.

Paying with Clearing Balance: A pending transaction is automatically created with the details (category, asset, owner) you entered during the payment process.

Paying with an External Bank Account: The transaction will only appear once your external bank notifies us that the money has left your account. This transaction will need to be matched with the payment you initiated in Clearing since we don't control when or how your bank sends us the payment information.

Yes, click on Manage recipient and then on recipient details. You’ll find a button to delete it.
​

If there's an issue with the account number or if it's incorrect, the ACH payment might be returned. It's essential to review recipient information carefully to avoid errors and returned payments.

You can cancel a payment by reaching out to [email protected] as soon as possible after initiating the transfer. There is a window of a few hours during which cancellation is possible, so prompt action is necessary.

Yes, there is a per-transaction limit of $10,000. However, you can make multiple transactions of up to $10,000 each in the same day.

There are no limits on the number of transactions you can make per day.

Yes, payments are included in your Clearing subscription, and there are no extra fees for making payments.

If your external bank account is not available, it could be because your bank does not support third-party applications like Clearing for making payments. Troubleshooting options include checking the account details in the Account section and using the "learn more about paying from this account" option to verify payment eligibility.

Your payment might be returned if you didn’t have sufficient funds in your balance or if you didn’t enter the correct recipient’s bank account number. Please make sure to double-check everything before confirming a payment. There is a $35 fee for returned payments.