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What same-day liquidity means at Knurla
Request a withdrawal before 2pm Eastern and the cash lands in your bank that afternoon. How we make that promise and keep it.
Written by
Hannah Brooks
Head of Product
Rates and figures are as of the date of publication. Nothing here is investment advice.
The cutoff
Withdrawals requested and approved before 2pm Eastern are funded the same business day. After 2pm they arrive the next morning. We publish our on-time rate every month: in August it was 99.4 percent.
How it works underneath
We keep a small slice of every reserve in bills maturing that week and hold a same-day credit line against the rest. When you withdraw, we fund you first and settle the bill sale behind the scenes.
Questions about this note?
Our treasury team answers the phone on weekdays from 8am to 7pm Eastern, and the people who write these notes are on that team.
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