Why do commission checks take longer than wire payments?
Modified on Tue, 25 Nov at 3:09 PM
The biggest difference between commission checks and commission wires is how soon the funds are available to the company to use.
When simpliHŌM receives commission funds in the form of a check, we must wait until that check clears before we can pay our agents. That clearing process can take 3-5 business days.
When simpliHŌM receives funds as a wire into our commissions account, those funds are immediately available for us to send your way.