How long does it take money to transfer over internet banking between banks?
It depends on how the funds are being transferred. If it was a wire transfer, it shouldn’t take more than a couple of hours. Some internet banking services, however, actually cut a check on the sender’s behalf and mail the funds, so that takes longer. It varies between banks and services. I would get in touch with your friend and find out exactly how the funds were transferred, and that will give you a better idea.
normally the procedure for transfering money would take a few mins, if the money is comming from an overseas account then normally it will take a few hrs only, if it takes too long then check with your bank, each bank or country has der own privacy and regulations on how money can be dealt with. I normally sent money from a australian account to a USA bank account and that only took something like 8hrs before it appeared in the recipients account. other times wen there was delays it was because it was done on a friday… weekends are not included so was processed by my bank on the afternoon of the following monday, which he recieved tuesday evening.
Sometimes take up to 4 weeks!! She should use Paypal as that is Instant Bank Transfer. Although if you send money its instant for the reciever of the money, but PayPal take sup to 3/4 days to make a Direct Debit from the Payers Bank account..which is how I spend on eBay!!! https://www.paypal.
