payments have cleared

USAGE SUMMARY

The phrase "payments have 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: "I can confirm that the payments have cleared, and you can now proceed with the order."

✓ Grammatically correct

News & Media

Encyclopedias

Wiki

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

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

BBC

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

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

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

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

And it is not clear that many borrowers who are eligible for delayed or suspended payments have been granted the option.

The New York Times

My payments have resumed.

The New York Times

"Payments have gone up".

The New York Times

Direct payments have long been controversial.

The New York Times

But payments have only trickled in.

The New York Times

And dividend payments have bolstered total returns.

The New York Times

Expert writing Tips

Best practice

When confirming financial transactions, use "payments have cleared" to assure stakeholders that funds are available and accessible. For example, "The invoice has been paid, and the "payments have cleared", so we can proceed with the project."

Common error

Avoid using "payments have credited" instead of "payments have cleared". Credited means the amount has been added to an account, but it doesn't guarantee the funds are fully accessible or verified. "Cleared" implies the funds are fully processed and available for use.

Linguistic Context

The phrase "payments have cleared" functions as a statement confirming the successful completion of a financial transaction. It indicates that funds are now accessible. As Ludwig AI confirms, the phrase is correct and usable in written English.

Expression frequency: Common

Frequent in

News & Media

60%

Encyclopedias

20%

Wiki

20%

Less common in

Academia

0%

Formal & Business

0%

Science

0%

Ludwig's WRAP-UP

In summary, "payments have cleared" is a grammatically correct and commonly used phrase to confirm that a financial transaction is complete and the funds are accessible. Ludwig AI validates its correctness and usability. It is most frequently found in news and media, encyclopedias and wiki sources. When using this phrase, ensure that it aligns with the intended meaning of funds being fully processed and available, differentiating it from terms like 'credited'. Alternatives such as "funds have been credited" or "payment is finalized" can be used based on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

funds have been credited

This alternative focuses on the action of funds being added to an account, similar to payments clearing.

transactions have been processed

This alternative emphasizes the completion of the transaction, conveying a similar meaning to payments clearing.

funds are available

This alternative highlights the result of the payment clearing, focusing on the availability of the funds.

payment has been received

Focuses on the reception of the payment, implying it is now accessible.

money is now accessible

Directly states the accessibility of the funds after clearing.

payment is finalized

Emphasizes the completed status of the payment, similar to clearing.

monies are now available

Alternative phrasing focusing on the availability of funds.

payment has gone through

Informal way of saying the payment has been processed successfully.

funds are settled

Focuses on the settlement aspect, indicating the payment is complete.

payment is completed

Highlights the completed status of the payment.

FAQs

What does it mean when "payments have cleared"?

When "payments have cleared", it means that a financial transaction has been fully processed and the funds are now available in the recipient's account. This usually happens after a waiting period to verify the funds.

How long does it typically take for "payments to clear"?

The time it takes for payments to clear can vary depending on the payment method. Electronic transfers might clear in 1-3 business days, while checks might take longer. Always check with your bank for specific timeframes.

What's the difference between "payments have cleared" and "payments have been processed"?

"Payments have been processed" means the transaction has started, but the funds may not yet be available. "Payments have cleared" indicates the transaction is complete and the funds are accessible. You can also say "transactions have been processed".

Can I use a different phrase instead of "payments have cleared"?

Yes, you can use alternative phrases like "funds have been credited", "funds are available", or "payment is finalized" depending on the context.