Automated batching and real time reporting

This page explains how the Verofy® Move automatically sends your transactions for processing, and shows you how to access real time reporting in app/cloud.

Batching

The Verofy® Move is set to batch after every transaction. This means your transactions are submitted to the bank straight away, and you don't need to rely on running a report at the end of each day to make sure this happens.

What is the cut off for funds being settled?

If you have our Verofy® Faster Settlements service, any transactions you take up to 11:59PM (GMT) will be settled to you the following working day (Friday, Saturday and Sundays transactions are settled on the Monday). This is subject to bank holidays - which you can find out more about by clicking here.

If you don't have our Verofy® Faster Settlements service, any transactions you take up to 11:59PM (GMT) will be settled as follows (subject to bank holidays which you can find out more about by clicking here):Monday - settled on WednesdayTuesday - settled on Thursday Wednesday - settled on Friday Thursday - settled on Saturday Friday & Saturday - settled on MondaySunday - settled on Tuesday

If you do wish to run a manual report on your terminal, click here to find out how to run an end of day report (Z-report).