Just wondering...it's been about 4 years since i did a wire transfer between US banks and it took 3 business days to arrive. Is it still a painfully slow process?
How long do wire transfers take in between us banks nowadays?
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I have it happen sometimes same day if it's done early enough in the day
most I do are in the same state.
I suppose if it's out of state it can take a day. -
Same as always up to 3 or so business days to post and clear.*
Typically does not matter if it is across the street or from California to England.
Although same bank seems to speed up the process a little bit.
*Time can be adjusted by when they sent it. If it was sent before 3pm it will travel faster instead if after it can wait until midnight or next day all together.Last edited by After Shock Media; 10-14-2007, 06:45 PM.Comment
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I received one last week, same day. I was surprised, I always thought it took longer.Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted
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Still seems to average around three days - assuming all the details are correct. Don't have a lot of faith in wire delivery times and just leave em to do whatever and don't usually have problems.
The worst example took 14 weeks - the damned wired "disappeared" at the intermediary bank in NY and nobody had a clue or *any* tracking docs - unbelievable. But the funds ended up back at the initiating bank - eventually.Comment
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A wire from a US Bank to a US Bank takes 3 seconds if done before 4:30 PM Eastern Time.
An ACH from a US Bank to a US Bank has to go through the federal reserve
which batches ACH transaction about 4 AM Eastern Time so they take 24 hours normally.
Any added time you see is Bank delays sending or posting the money !Comment
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A wire from a US Bank to a US Bank takes 3 seconds if done before 4:30 PM Eastern Time.
An ACH from a US Bank to a US Bank has to go through the federal reserve
which batches ACH transaction about 4 AM Eastern Time so they take 24 hours normally.
Any added time you see is Bank delays sending or posting the money !
Exactly, so I say again, name a bank that does instant wires.
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last one i got took 15 minutes
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