What time do DD usually drop?

[CDenae]

I have a DD of 2/22 what time of day do they tend to drop?

[jemar707]

@Toria:

SBTPG: Santa Barbara Tax Products Group formerly known as SBBT: Santa Barbara Bank & Trust

They are a 3rd party intermediary that handles refunds for certain tax preparers when people choose to have fees deducted from their refund rather than paying upfront.

[Toria]

What is SBTPG?

[Bill]

here’s the rest of the story regarding ACH…

https://www.bank7.com/pdf/ACHQuickRefGuide2015.pdf

an easy read, with good infographics. An A+ if you want to know more about how the Automated Clearinghouse system works :)

[Need my money]

@Bill

Well said..

[Need my money]

It’s possible if you have one of those early deposit cards..

[Bill]

It is dangerous to go alone!
Here, take this link to FEDACH Processing times:

https://www.frbservices.org/assets/financial-services/ach/091517-same-day-schedule.pdf

most of us seem to fall with the 2:15am future-dated batches. in this case, the final database batch operation runs and transmits between 2:15am and 6am and is ready for deposit at 8:30am Eastern Time.

its hard to read, but the first column is earliest ACH batch trasmit – the second column is close time on ACH transmit – the third column is the latest time anything in those batches may be made available, this is only the TIME OF DAY transmit and receive happens on any given BUSINESS DAY.

Disparities in memo-post / pre-note, and actual deposit happen because some batches are bigger than others, some banks are smaller than others, some have faster computers, some are using real-live humans, et cetera.

Also, when *most* of us were kids mom & dad had to wait for a check. In the mail. To take to a bank. A *real* bank. The miracle of instant gratification that we have in 2018 is *way* different from the realities of actually moving billions of dollars into millions of accounts in a matter of weeks. Be thankful we live in an era where robots do most of the heavy lifting, and all we have to do is sit on our hands until the giant machine has churned out the cash it owes us. Keep it in perspective, and don’t forget to breathe…

ps: fingers crossed for morning…

[Daniella]

Is it possible I could get my dd at midnight? It’s a ddd of 2/22/18

[Need my money]

@Spre So if you have a netspend or one of those prepaid cards that deposits two days faster won’t get there refunds until the 22nd. Just asking?

[Spre]

4:30PM for netspend users the day notification is sent. if your refund goes through SBTPG then it will be 4:30pm on the 22nd

[WillBeas]

Y’all must have the prepaid cards, lucky..next year I’m switching to one..traditional banks be on bs

[Need my money]

Yup that sounds about right.. We will wake in the a.m and come on this site and see many ppl discussions about sbtpg receiving ther money and getting deposits in there accounts.. Just sit back and witness the magic..

[Lovey]

My bank always has my deposits in around 4am

[MW]

Last year I can remember telling my wife “money hit the bank, let’s go to wal-mart 😄” late night early morning. It won’t be a next day wait deal. Should start seeing deposits right after midnight.

[Need my money]

Hopefully after midnight or early morning after 6a.m

[Author]

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