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How long should a "SWIFT" Transfer take?

How long should a "SWIFT" Transfer take?

Old Sep 14th 2007, 4:39 pm
  #16  
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Default Re: How long should a "SWIFT" Transfer take?

Ours showed up in our account last night around 11pm - 24hours? Pretty good going. Ours was short of $161 so hubby not too impressed, i'm sure he'll get it sorted.

basically we were paid the amount in $cad when the amount should have been $us transferred to $cad - do you get what I mean?
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Old Sep 15th 2007, 5:02 am
  #17  
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Default Re: How long should a "SWIFT" Transfer take?

Yeah, my experience is that SWIFT from HSBC to PC bank takes around five days, and someone sucks out a few dollars in fees along the way.

Needless to say, it doesn't take five days for the money to leave my account, where it's earning interest!
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Old Sep 15th 2007, 5:58 pm
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Default Re: How long should a "SWIFT" Transfer take?

Can't tell you how long it will take as the bank should have sent it from the UK yesterday and DIDN'T send it
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Old Sep 16th 2007, 2:39 am
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Default Re: How long should a "SWIFT" Transfer take?

Originally Posted by iaink View Post
My Dad is transfering some money to me with an international SWIFT bank to bank transfer.


Once hes initiated it, how long should it take for it to show up in my account?


Its been a couple of days already, which seems a bit on the long side to me in this computerised internet age, but I dont do this kind of thing often , so what do I know?

Cheers
its most likely sitting somewhere in a banks control acct and the info provided wasn't correct or something swift wire transfer should never take more than 48 MAX and that is rare, 24 hours is normal
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Old Sep 16th 2007, 2:40 am
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Default Re: How long should a "SWIFT" Transfer take?

I transfer money from the US to Canada (Chase to RBC) and the US to the UK (Chase to NatWest) ...takes between 24 and 48 hrs if sent before 2 pm EST.

Last edited by Jerseygirl; Sep 16th 2007 at 2:43 am.
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Old Sep 16th 2007, 12:43 pm
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Default Re: How long should a "SWIFT" Transfer take?

Banking times.

CAIPS - Next business day (though you have to pay extra for CAIPS)
BACS/SWIFT - 4-5 working days, though can be through in as little as 2 days dependant on the banks involved and types of account.
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Old Sep 16th 2007, 2:48 pm
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Default Re: How long should a "SWIFT" Transfer take?

I do transcribing work for a UK company. For the first little while I got paid by Swift transfers and it took about 5 days. Then this summer I did not get paid at all. I don't know what bank my employer was using, but somehow or other the money never left the bank - it was his bank's fault. Eventually I did get that payment but several others in New Zealand and Canada had the same problem. We are all getting paid by Paypal now because it was such a total hassle with the bank. You do have to wait for the money to be transferred into your account, but at least it works. The thing that was driving both my and my employer nuts was that the bank thing was not working at all.
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Old Sep 17th 2007, 5:00 pm
  #23  
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Default Re: How long should a "SWIFT" Transfer take?

Originally Posted by celine_uk View Post
its most likely sitting somewhere in a banks control acct and the info provided wasn't correct or something swift wire transfer should never take more than 48 MAX and that is rare, 24 hours is normal
Its lucky it arrived before you replied, or else I would have been having kittens.

Its seems you rather overestimate the efficiency of the system.
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Old Sep 17th 2007, 5:09 pm
  #24  
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Default Re: How long should a "SWIFT" Transfer take?

Originally Posted by iaink View Post
Its lucky it arrived before you replied, or else I would have been having kittens.

Its seems you rather overestimate the efficiency of the system.
So after all that how long did it take?
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Old Sep 17th 2007, 5:14 pm
  #25  
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Default Re: How long should a "SWIFT" Transfer take?

Originally Posted by Jerseygirl View Post
So after all that how long did it take?
http://britishexpats.com/forum/showp...3&postcount=15
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Old Sep 17th 2007, 5:19 pm
  #26  
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Default Re: How long should a "SWIFT" Transfer take?

Thanks.
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