Here’s an example of a schedule for a next-day transfer made to Ally Bank. The transfer is requested and sent to the clearing house on Thursday. The clearing house then routes the transfer, debits the non-Ally Bank account, and delivers the funds to the Ally Bank account by end of day Monday. No processing occurred during the Federal Reserve holiday or weekend since clearing houses are closed then. If the transfer had been initiated after 7:30 pm ET, it wouldn’t begin processing until the next business day.