Skip to main content
Overview of funds

Can I use FPS, SEPA Standard or Instant, ACH pull and push, or local wires to add money to Payhawk? What time does depositing funds take?

Desislava avatar
Written by Desislava
Updated this week

Payhawk administrators and other authorized people or roles at your organization can send funds and deposit money to their company Payhawk account by using global payment schemes.

Checking funds availability in your Payhawk account

You can quickly check whether the money in your Payhawk account is sufficient to cover the defined card limits for your employees.

Depositing funds in your Payhawk account

You can add funds to your company Payhawk account by using either of the following approaches:

Fund currencies and payment schemes for bank transfers

Depending on the currency of your bank accounts and the country or region in which your company operates, the deposits will be settled according to the following payment schemes:

Country or region

Type

Deposit currency

Payment schemes for deposits

Settlement times by definition

UK & Europe

Debit

GBP

FPS

Up to 2 hours.

EUR

SEPA Instant

Up to 10 seconds.

EUR

SEPA Standard

(as a fallback for SEPA Instant)

Up to 1 business day.

USD

SWIFT

Up to 5 business days.

BGN

Local payment scheme

According to the local scheme's settlement policy.

RON, PLN & DKK

Local payment schemes & SWIFT

According to the local schemes' settlement policies, or up to 5 business days respectively.

UK

Credit

GBP & EUR

FPS or SEPA Credit/Instant, respectively

As stated above.

US

Credit

USD

ACH pull

Up to 3 business days.

Fund currencies and payment schemes for linked accounts top-up

The following table shows the supported deposit methods and the times for their settlement in your Payhawk account when you top up funds from a linked bank account.

Funds deposit method

Deposit currencies and transfers

Time to settle

SEPA Instant

EUR > EUR

Up to 10 seconds.

SEPA Standard

(as a fallback for SEPA Instant)

EUR > EUR

Up to one business day.

FPS

GBP > GBP

Up to 2 hours.

ACH

USD > USD

Up to 3 business days.

Setting thresholds for your funds

To keep an eye on the balance of your company funds without having to log in to Payhawk daily and also to save time and effort, you can set a threshold for the funds. As a result, when your balance falls under the defined amount, Payhawk will automatically inform you by email.

Useful resources

Did this answer your question?