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Bank Transfer Processing Time Guide
Bank Transfer Processing Time Guide

Bank Transfer Processing time

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Written by Support
Updated over 9 months ago

We'd like to make sure you're informed that bank transfers may require several days for the funds to be credited to your account. Please take a moment to review the following guide to gain a better understanding of the process:

Bank Transfer Processing Time: What to Expect

  1. Initiation:

    After initiating a bank transfer, it undergoes an initial processing phase. This is when the request is reviewed and prepared for transfer.

  2. Bank Processing:

    The transfer is then handed over to the banks involved. Each bank has its own processing time, which may vary based on their internal procedures.

  3. Intermediary Banks (if applicable):

    In some cases, if the transfer involves intermediary banks, additional processing time may be required as the funds pass through these entities.

  4. Weekends and Holidays:

    Bank transfers are generally not processed on weekends or holidays. Any transactions initiated during this period may experience delays.

  5. Crediting to Your Account:

    Once the entire process is completed, the funds will be credited to your account.

Tips to Expedite the Process:

  • Ensure accurate and complete information when initiating the transfer

  • Choose a business day for initiation to avoid delays caused by weekends or holidays.

  • Contact your bank directly for specific details on their processing times.

Note:

We understand the importance of timely transactions. While we do our best to facilitate swift processing, external factors such as bank policies and intermediary banks are beyond our control.

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