How long does it take to transfer money from one bank account to another using online banking?
My friend has a bank account with HSBC and needs to transfer some money over to my Natwest bank account. How long would it take to clear? I think they're doing it tomorrow via online banking system, would I get the money by the weekend do you think? I have done bank transfers before between 2 Natwest accounts and the monies showed up more or less straight away. I was just wondering if it were different when it's from one bank to another named bank? Thanks
Personal Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
like 3 days( Business)
Answer 2 :
My experience when doing external transfers from one bank to another bank online is that it took about 3 business days for everything to clear. I would hope it would be faster than that when you are dealing with an online only bank such as HSBC, but its hard to say
Answer 3 :
Tell him to ask HSBC to send it as a FASTER PAYMENT and it will credit your NatWest account the same day... http://www.natwest.com/microsites/personal/faster_payments_service/faster_payments_faq.asp
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