When parents pay with a credit card, the transfers are deposited in your account as early as the same business day.
If a parent pays with their bank account, payments are deposited in as early as 2 business days. For all ACH transactions, the parent's payment provider and the Federal Reserve need to first coordinate to approve the payment, then the Federal Reserve has to confirm with the school's bank as well.
It's worth noting that brightwheel offers the fastest deposit times in the Early Education business for a free tool. Similar services out there offer a 3-5 business day window for payments to process, and only shorten that if you're willing to pay a fee.
Brightwheel has worked hard to shorten this time for our schools, so you can get the funds quickly from your families.