Novo offers same-day transfers with the Express ACH feature. While these transfers are not instant, they can be made same-day, depending on the time of day.
All Novo account holders have access to our Express ACH option to deliver outbound payments. The Express ACH option will be available during certain periods of the day, and you can learn more about payment windows for Express ACH here.
Novo charges 1.5% of the transaction amount (rounded down to the nearest penny), with a minimum of $0.50 and up to a maximum of $20 for all Express ACH transfers.
If you would like to receive incoming payouts from Stripe faster, Novo Boost allows you to access your incoming automatic payouts from Stripe up to 2 business days early. Novo Boost is completely free of charge. Learn more about Novo Boost here.