Payment process

Hi all, Sorry I'm really new here and I feel stupid for asking this. I am working for this client for some time now and today (Aug 6 Wed), I received a notification saying "Scheduled of $XXX from oDesk via LFT account." I checked my Wallet (Get Paid tab) and there is this: " $XXX on Aug 6, 2014 to Local Funds Transfer". I checked my bank account but the money isn't there. Sorry but I feel kinda stupid. How is this working exactly? Thank you very much!

It will not be credited to your bank account immediately. The processing time varies depending on the bank you are using. I am using EON debit card. When I withdraw my funds on Wednesday morning, it will be credited to my bank account Thursday evening. 🙂