Successful credit card settlement report meaning

[SPLASHXSPLASH]

Hi! I was sent two emails yesterday (they were automated) stating this;
The following is your Credit Card settlement report for Sunday, January
05, 2020.

Transaction Volume Statistics for Settlement Batch dated 5-Jan-2020
7:44:56 PST:
Batch ID: 768778511
Business Day: 04-Jan-2020
Net Batch Total: 724.99 (USD)
Number of Charge Transactions: 4
Amount of Charge Transactions: 724.99
Number of Refund Transactions: 0
Amount of Refund Transactions: 0.00

WHAT DOES THIS MEAN?

[ElaineM]

Hi , 

These definitions can be found in the Authorize.Net Support Center here. 

• Settlement Time: The date the batch settled.
• Merchant: Your business name.
• Batch Total: this is the total amount of your transactions for this settlement period (total number of transactions).
• Debits: this is the total amount of money that you have charged your customers (total number of transactions).
• Credits: this is the total amount of money you are crediting back to your customers (total amount of transactions).

Regards,

Elaine

[SPLASHXSPLASH]

So does this mean the money was sent to my bank account?

[ElaineM]

Hi SPLASHXSPLASH, 

You will need to contact your Merchant Service Provider (MSP) to inquire about funding to your bank account. 

Regards, 

Elaine