By: Caitlin,

Empower your business to operate more efficiently with next day settlements—now available as part of a custom package.

Enabling this feature on your Dwolla account will schedule daily “sweeps”;  funds from all transfers initiated to you within an operational day are swept to your designated bank or credit union account as one convenient payment, and may become available in as soon as one business day.*

You’ll also get corresponding Batch Settlement Reports, which let your organization or business easily track and reconcile daily sweeps—even if you receive thousands of payments a day.


If you’re interested and already in a package, call 888-289-8744, x4004.

*An operational day is a set 24-hour period that begins and ends with a business day.

Financial institutions play an important role in the Dwolla network.

Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.