Sweeps

Use the API or the Moov Dashboard to configure sweeps. A sweep automatically initiates daily transfers to external bank accounts on a set schedule. Enabling sweeps will either payout funds from a wallet or pull funds to cover fees and chargebacks.

You have the option to choose which payment method to use for processing sweeps - standard or same-day ACH (RTP coming soon).

Push payment method Receive funds by
ach-credit-same-day 6pm ET
ach-credit-standard 10am ET (next day)
rtp-credit Instant (coming soon)

See our sweeps documentation for more details.