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This looks like ACH between the banks in the USA only.
Intrabank when both have accounts at the same bank and done internally is instantaneous.
ACH settlement time is actually 24 hrs like 14:00 the next business day.
The delay time is the middleman ClearXchange ans the postback to the recipient.
Smoke and mirrors closed loop marketing. This is how they are getting around AML and ACTA (possibly).
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