Frequency

The frequency at which the reserved funds will be released from the reserve account to the merchant’s DDA account. The value can be set either in a bank-level Release ID or as a merchant-level Release Setting.

Select one of the following options from the drop-down list:

• Daily: Releases funds back to the merchant once a day in the last ACH run.
• Monthly: Releases funds back to the merchant once a month, in the last ACH run on the last processing day of the month.