📆 Fiat Rails
Devdraft accesses fiat rails only on banking days and during banking hours. Refer to the table below for cutoff times and settlement speeds for payments with fiat destinations (offramps):| Currency | Rail | Cutoff (ET) | Settlement Time | Notes |
|---|---|---|---|---|
| USD | Next Day ACH | 1:00 PM | 8:30 AM next business day | Devdraft submits batches at 1:00 PM ET daily. Post-cutoff, we will process next day. ACH funds typically land in 1–2 banking days. |
| USD | Same Day ACH | 9:30 AM, 1:45 PM, 3:45 PM | 1:00 PM, 5:00 PM, 6:00 PM same day | Same-day settlement at receiving bank. Availability depends on that bank. |
| USD | Wire | 4:45 PM | ~2 hours after sending | Transactions after 4:45 PM ET are sent next banking day. Please note that receiving banks may process wires at their own speed. |
| EUR | SEPA Instant | N/A | <30 seconds | Available 24/7/365. Please note that beneficiary bank must support SEPA Instant. Please note that if the beneficary bank times out on the request to initiate a SEPA instant payment, the payment will be automatically re-routed on SEPA credit. |
| EUR | SEPA Credit | 9:00 AM | 1–3 business days | Used for transactions > €100K |