Depending on the conditions (type of transfer, day of the week, etc.), the execution times for online transfers may vary. Everything you need to know about the different types of transfer that exist and their particularity in terms of deadlines. You still haven’t received your transfer in your account? Find out the reasons for this non-receipt.
The different bank transfers
The one-off or occasional transfer is made only once. It is the holder of the sending account who chooses the date on which the transfer will be made.
On the other hand, the permanent transfer makes it possible to carry out the operation in a regular way by programming dates. The holder of the issuing account can cancel the permanent transfer whenever he wishes. He simply has to request it from his bank or from his account on the Internet.
On the other hand, the bank transfer can be immediate or deferred. We also speak of a scheduled transfer when there is a payment schedule.
A distinction must also be made between the domestic transfer, which designates the operation carried out in one and the same country, and the EU transfer, carried out in a European country. As for the international transfer, it is made outside the European Union.
Good to know, a bank transfer cannot be canceled when the transfer of funds has been made to the beneficiary’s account.
Average bank transfer times
If the transfer is made from account to account in the same bank, the operation is immediate. This is an internal transfer.
In the event of an external transfer, i.e. to an account in another bank, the time varies between one and three (working) days. This is called the interbank delay.
For transfers of funds in foreign currency, the deadline is extended. Count about four days.
Finally, in the event of a transfer request by letter, the postal delivery time must also be taken into account.
To shorten the waiting time, make the bank transfer on weekdays rather than weekends.
Read also: Can we receive a transfer overnight?
bank transfer, the information to be provided
To make a transfer, you must enter a certain amount of information. The issuer must indicate his bank details, and in particular his IBAN code. He will also have to indicate a date of transfer as well as the exact amount.
This very simple process is carried out free of charge online, from the bank’s website.
In order to avoid any typing errors, provide yourself with a RIB.
The reasons for the non-receipt of a transfer
After three days, you can assume a problem with your transfer. This may be blocked by your bank. Contact her immediately to determine the cause. Perhaps your bank details were entered incorrectly (typing error, for example).
It is also possible that the originator did not actually make the transfer online. Always ask for proof in the form of a duplicate of the transfer order to ensure that the operation has been carried out.
Read also: What are the deadlines for a bank transfer?