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Cashout payment timeline

If an employee requests a Cashout* before 4pm PT on a regular business day, the funds will typically be deposited to their selected external bank account in the afternoon of the following business day, by 5pm local time. Keep in mind, most Cashout funds post by mid-afternoon on the following business day; however, the exact timing varies on the employee’s bank.

Cashout requests submitted after 4pm PT will be processed the following business day and will be deposited to their selected external bank account the following business day after that. Please note, bank holidays can impact these timelines.

Cashout loans sent to a Gusto spending account and/or debit card should be deposited instantly after the transaction is requested*.

Employees can review their previous Cashout requests and payments by going to the Cashout tab and then selecting Activity in their account.

*The Cashout program is issued by Sunrise Banks, N.A., Member FDIC. 

 

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