Delayed payments

Typically, payments are made on the invoice due dates listed in your invoice, as long as your client/employer has made the payment to Niural on a timely basis. If your client/employer has paid late, your invoices will be paid late as well. 

The due dates for the employer are typically set to be a few business days before contractor invoices are due so that contractor payments can be made on a timely basis.

However, clients/employers don't always pay on time. The delay is usually not intentional, rather due to various operational reasons depending on the company- such as going through multiple approvals based on their internal company policies. Additionally, payments take a few days to settle. For example, international wires take between 1-4 business days to settle on average.

If Niural receives the client/employer payments ahead of the due date, it processes the invoices on the due date determined by the contract.

If Niural receives the client/employer payments after the due date, it processes the invoices immediately after the funds are received. Once payments are deployed, it takes 1-4 business days to settle on the contractors account, entirely depending on your bank.