How Long Does It Take To Transfer Money Between Banks. You can also transfer between accounts you own at different banks. An ACH transfer is the electronic movement of money between banks through the Automated Clearing House network one of the biggest US.
If you transfer funds from one account to another in the same financial institution it will take 24 hours. Before you do the transfers get your parents to contact the banks concerned and advise them that the money will be arriving and ask what sort of documentation they may require to satisy their money laundering checks. Lets look at how long both domestic and international bank transfers take.
10 September 2011 at 1148AM.
Some countries are classified as slow-to-pay countries meaning that money transfers may take longer up to three weeks. Domestic bank-to-bank transfers within the United States are usually available the next business day. In some cases when you transfer money it can take 3 4 or even 5 days for the money to show up. How long do domestic bank transfers take.
