Day 6

On day 6, the merchant processes three debit transactions totaling $8,250, and credit transactions totaling $500. The sum of credit and debit transactions ($7,750) is moved to the settlement account. $490 is funded from days 2 and 3, based on the settlement account balance, minus the debit amounts for days 4, 5, and 6. Reconciliation reports are generated for day 2 and 3 transactions and day 5 and 6 credits.

On day 6, the $40,000 monthly transaction limit is reached. Consequently, all funding and all credit transactions are put on hold until the following month or until the limit is raised.