How long for transferwise?
#1
How long for transferwise?
A quickie for those of you that have already used transferwise...
how long does it take to reach the destination account?
less than a day?
overnight?
longer?
thanks!
how long does it take to reach the destination account?
less than a day?
overnight?
longer?
thanks!
#2
Forum Regular
Joined: Nov 2016
Location: Knoxville, TN
Posts: 189
Re: How long for transferwise?
From recollection there are variables: it depends on if you're a new customer, also amount and time. E.g. From GBP to USD, over 2K you can't use a debit card and EFT takes longer. And if you miss the close of a business day it takes longer (w/e can be a PITA). I think it hits my account on the next business day. Large amounts need extra verification.
I use it less often converting USD to other currencies so not sure on times that way round.
I use it less often converting USD to other currencies so not sure on times that way round.
#3
Re: How long for transferwise?
My experience has been:
UK -> USA maybe a couple days via ACH.
USA -> UK same day / next day
UK -> USA maybe a couple days via ACH.
USA -> UK same day / next day
Last edited by tom169; Sep 7th 2017 at 1:54 am. Reason: Not ACA ... that's health insurance not banking :confused:
#4
BE Forum Addict
Joined: Jul 2015
Location: Panama City, FL
Posts: 2,063
Re: How long for transferwise?
I received £20k+ last year from the UK. It took 2 days to reach my US bank account. Sent late Monday, received Wednesday morning.
#5
BE Enthusiast
Joined: Apr 2017
Posts: 901
Re: How long for transferwise?
2 days both times I've used it.
#6
Re: How long for transferwise?
I did a transaction at midday today, and it will be in my US account tomorrow.