Thursday, December 8, 2011
Internation wire transfer: Transferring a large amount of money from a US Bank to a UK bank, how long can you?
expect to wait for the transaction to be completem?|||whats large? if its like more then $50K it could go thru different type of checks... it should take about 3-7 business days|||If it's a large amount of money ten it should take no more than 2 days. If your bank tries to tell you it will take any longer, they're having you on. Remember, the longer they can hold onto your money as the "middleman" the more interest they will earn on it. International settlement procedures take no longer than 2 days, though not all banks will imediately offer this.|||Foreign wires regardless of the amount can take up to 5 business days to appear in your account. If 5 business days have passed, then you need to contact the sender and have them trace it with their bank.
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