Cheers. So that means actual payouts follow 7 after the cutoff date. So this means there is no way to time it to receive a payout any faster than 7 days from the date that you put in the payout request, is this correct?
Correct.
I do my payout requests on Sunday night (pacific time) each week and get the PayPal amount a week (plus a few hours) later. I get a weekly payment so it works smoothly for me in spite of the lag time. It'd be nice to be able to request automatic payouts so I don't have to remember to log in and make the request when traveling, but that's been asked for many times and so far, nada.
Also note that when a Canadian holiday falls on a Monday, they move the cutoff & payout to Tuesday that week. There's a calendar on the site.