When Will My Monies Arrive?
This area explains the MotorsportReg.com pay period schedule and payment notification process.
At midnight on the 15th and 31st, MotorsportReg.com closes the pay period for the previous two weeks. We initiate direct deposits on the 3rd and 18th of each month. Depending on how weekends and holidays fall, it takes 1-3 business days for the money to hit your organization's account. All told, it takes approximately 5 business days after the close of the pay period for the monies to reach you.
Deferred payments are subject to these same time frames. If you batch process payments on the 1st, the monies will be transferred according to this schedule after the period closes on the 16th.
We initiate the email and report that you receive in your inbox notifying you of the transaction ID # and payment history once we have initiated the transfer from the MotorsportReg.com account.
The payment status will switch from "Pending" when we initiate the payment detail emails. While typically we perform the deposit initiation and the email at the same time, the latter does not impact the timing of the former.
Organization funds are the most important thing we handle and we stick to our schedule closely to ensure that our customers have reliable funding. Our payments system is fully automated so it happens at the same time every pay period like clockwork.