Results 1 to 7 of 7
Threaded View
-
05-23-2024, 10:06 AM #7
- Join Date
- Feb 2019
- Location
- FL
- Posts
- 95
In some cases the merchants bank may decide which payments to clear first or even return payments before the add the credits from that day. Meaning there are situations that you will see an account that has available balance and returns. This is an old article from 2013 but it will give you an idea of how banks clears certain transactions first to collect more NSF fees.
https://www.forbes.com/sites/halahto...h=3724d3cd6daa
Screenshot 2024-05-23 10.05.55 AM.png
Similar Threads
-
Software to track deals
By WilliamH in forum Merchant Cash AdvanceReplies: 4Last Post: 06-14-2023, 02:35 PM -
MCA Track & GoACH
By zalman in forum Deal BinReplies: 6Last Post: 08-11-2021, 04:40 PM -
Weekly Top 5 – Everything you need to track turnaround time in Salesforce
By HenryA in forum PromotionsReplies: 0Last Post: 05-13-2016, 06:22 PM -
BMS- Your one stop shop for Processing, ACH, & MCA Track Software
By PerryC in forum Payment ProcessingReplies: 0Last Post: 02-25-2016, 02:14 PM -
A Primer. What is a SBA Fast Track Loan?
By bdshaw in forum Merchant Cash AdvanceReplies: 2Last Post: 03-31-2015, 12:22 PM