payment has cleared

USAGE SUMMARY

The phrase "payment has cleared" is correct and usable in written English.
It can be used to indicate that a financial transaction has been successfully completed and the funds are available. Example: "We can proceed with the order now that the payment has cleared."

✓ Grammatically correct

News & Media

Wiki

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Because the account is credited upon receipt of payment, cash advances can be immediately drawn against the credit card before the payment has cleared.

Britannica

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

I recently had my home phone disconnected by a phone provider because the company could not find any record of an electronic payment made via Paytrust, even though Paytrust paid the bill on time and my bank's Web site showed that the payment had cleared.

The New York Times - Tech

Legislation making huge reductions to Renewable Heat Incentive (RHI) scheme payments has cleared its final hurdle in Westminster.

BBC

Now, for the first time, a bill to grant full pension payments to Filipino veterans has cleared the House and Senate veterans affairs committees, raising hopes it could pass this year.

Los Angeles Times

If you think a check or other payment has not yet cleared, subtract the amount of that check from the bank's balance and see if it matches yours.

WikiHow

According to a representative for SocialBlade, a company that tracks popular YouTube channels in order to provide data to interested parties, 1,000 views on the video site will earn a creator somewhere between 25 cents and $4, with the actual amount brought in not clear until the payment has actually been disbursed.

Forbes

Their payment has gone up.

The New Yorker

But my monthly payment has never changed.

The New York Times

It was not clear whether that payment had been made before his resignation.

Los Angeles Times

These conditions have clear, widely accepted clinical guidelines — that is, they have reasonably unambiguous standards for treatment — that could form the basis for the bundled payment.

The New York Times

Insurance companies have made clear that Trump-induced uncertainty surrounding these payments has already forced them to raise prices.

The Washington Post

Expert writing Tips

Best practice

Use "payment has cleared" when you want to confirm that funds are fully available and the transaction is complete, especially in financial or business contexts. For example: "We can ship the order now that the payment has cleared."

Common error

Avoid using "payment has cleared" interchangeably with "payment is pending". "Payment has cleared" means the transaction is fully processed and the funds are available. "Payment is pending" indicates the transaction is still being processed and may not be finalized. Ensure you use the correct term to accurately reflect the payment status.

Linguistic Context

The phrase "payment has cleared" functions as a declarative statement confirming the completion of a financial transaction. Ludwig AI confirms this usage. This is a common way to indicate that funds are now available.

Expression frequency: Common

Frequent in

News & Media

42%

Wiki

21%

Formal & Business

9%

Less common in

Science

8%

Encyclopedias

3%

Academia

2%

Ludwig's WRAP-UP

The phrase "payment has cleared" is a common and grammatically correct way to indicate that a financial transaction has been successfully completed and the funds are available. Ludwig AI confirms this. It's frequently used in news and media, as well as in wikis. While alternatives like "payment has been processed" exist, "payment has cleared" specifically conveys the finality of the transaction. When writing, ensure you use the phrase to accurately reflect that funds are fully available and avoid confusing it with pending payments.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

payment has been processed

This alternative indicates that the payment is in progress but not necessarily fully completed.

payment has been finalized

This implies the payment is fully completed and no further action is needed.

payment has been settled

This suggests the financial obligation has been satisfied.

payment has gone through

This is a more informal way of saying the payment was successful.

payment has been received

Focuses on the recipient's perspective of having obtained the funds.

funds have been transferred

Highlights the action of moving money from one account to another.

transaction has been completed

Broader term indicating the entire transaction, not just the payment, is finished.

money has been credited

Focuses on the crediting of the funds to the recipient's account.

funds are available

Highlights that the money is now accessible for use.

payment is now valid

Emphasizes the legitimacy and usability of the payment.

FAQs

What does it mean when a payment "has cleared"?

When a "payment has cleared", it means the financial transaction has been fully processed, and the funds are available to the recipient. It indicates the payment is no longer pending or in process.

How long does it typically take for a payment to clear?

The time it takes for a payment to clear can vary depending on the payment method. Electronic transfers may clear within a few business days, while checks might take longer. The specific timeframe depends on the banks involved and their processing procedures.

What's the difference between "payment has cleared" and "payment has been processed"?

"Payment has been processed" means the payment instructions have been received and initiated, but the funds may not yet be available. "Payment has cleared" implies the entire process is complete, and the funds are fully accessible. Consider using "payment has been processed" when it has yet to clear.

What are some alternative phrases to "payment has cleared"?

Alternatives include "payment has been finalized", "payment has gone through", or "funds are available". Choose the phrase that best fits the context of your communication. Review the "payment has been processed" example to see other options.