This depends on when your recipient claims the payment, and the delivery speed you choose: 

• Instant Delivery: Funds will be deducted from your account immediately after you initiate the transaction. 
• Standard Delivery: Funds will be deducted from your account immediately after you initiate the transaction. 
• Future-dated and recurring Standard Delivery: Funds will be deducted from your account on the business day the payment is scheduled to be initiated.