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Applications

When does the money actually arrive?

Approval, sending a payment and money appearing in your account are separate steps. A promised decision time is not a guaranteed arrival time.

What can affect the timing

Identity and account checks, the agreement, processing cut-offs and the receiving bank can all affect timing. Weekends and public holidays may also matter. ClearRand has no confirmed payout service level before launch.

If you are waiting for a payment

Use the creditor’s official channel to ask whether the application is approved, whether the agreement is complete and whether a payment has actually been sent. Keep any reference they provide.

Do not pay a “release”, “clearance” or “activation” charge to an individual in order to unlock promised loan money.