A:
Lead times for direct deposit vary.
Using pre-authorized debit can have a 3-4-5 business day lead time depending on your plan type, bank or business.
Lead Times for Pre-authorized debit
3 Day
Plan Types- Business Plus, Freshbooks Plus, Accountant Advanced and EVOLV
Banks- All banks except Scotiabank, National Bank, First Nations Bank of Canada, all credit unions other than 809 and 828 and ATB
Business- All business except those in the Cannabis Industry
Service- Payroll
4 Day
Plan Type: Business Basic, Business 22, Green, Freshbooks Green, Accountant Starter and all clients with a plan type eligible for 3 day but banking with Scotiabank and National Bank, First Nations Bank of Canada, all credit unions other than 809 and 828
Banks- All banks except ATB
Business- All business except those in the Cannabis Industry
Service- Payroll and Business Payments
5 day
Plan Type: Growth
Bank: any plan banking with ATB
Business- Cannabis Industry