Does my account have instant transfers or same-day ACH?

No. Novo does not offer instant transfers.

Novo offers same-day transfers through Express ACH. These transfers aren’t instant, but they can arrive the same day, depending on when you send them.

All customers can use Express ACH to send outbound payments. This option is available during certain times of day. When available, the money typically posts by the end of the receiving bank’s processing day.

Express ACH fees: 1.5% of the transfer amount Minimum fee: $0.50 Maximum fee: $20 Fees are rounded down to the nearest cent

If you want faster access to incoming payouts from Stripe, Novo Boost lets you receive eligible payouts up to 2 business days early. Novo Boost is free to use. And do note: Novo Boost is not a loan. It just gives you access to your Stripe payouts sooner.