Human error in the transaction, public holidays and location specific factors can also cause delays. Factor in a potential change in currency and that can delay things further. If you’re unsure, talk to your bank and ask how long they expect it to take.Įven once it reaches the recipient’s bank, there may still be processing to take place.

The funds could take between one and five days to reach the recipient, sometimes longer. The wire transfer time for an international payment is usually longer than domestic. How long does an international wire transfer take? However, when you consider large checks or deposits can take as long as 10 days, it’s clear why domestic wire transfers are so widely used. This can be down to human error (for example, a mistake when filling in the form), public holidays or location. Sometimes, wire transfers can take longer. A worst-case scenario would be around three days if sending to retailers or businesses. If you are sending money from your bank to an account at the same institution, it is normally completed within 24 hours, sometimes, even instantly. One of the reasons domestic wire transfers are so popular is the speed in which they process. How long does a domestic wire transfer take?

How long does an international wire transfer take?.

How long does a domestic wire transfer take?.Other kinds of electronic money transfers can be as quick and offer more security. Find out when the funds become available, what happens at weekends, reasons for delays, and what to do when a wire money transfer is held up or lost. In this article, we’ll examine domestic and international wire transfer times.

Wire transfers are a way to quickly send money from your bank within the United States or internationally.

Fed wire