My transferred some money from her bank in England to my account in Australia last saturday (6th Jan) and it is still not in my account. Where is it and why is it taking so long to arrive.
2007-01-12 11:56:22 · 10 answers · asked by PomOnTour 3 in Business & Finance ➔ Personal Finance
Sorry..meant to say my daughter transferred...etc
2007-01-12 11:57:00 · update #1
The bank keeps it for a few days as they gain the interest on the money. It is a sneeky trick to earn them an extra few pence off each transfer that adds up to thousands of pounds over a year.
2007-01-12 12:16:20 · answer #1 · answered by monkeymanelvis 7 · 0⤊ 2⤋
These transfers are not instant. They can take up to 10 working days if they are going to different countries. The money won't have left you daughter's bank until Monday 8th as saturday's not a banking day. It should be there before the 20th January
2007-01-13 00:29:37 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Although this sounds facetious, its not, it's in bank limbo. Right now your money is floating in the electronic superhighway, and has yet to 'hit' your account. This transfer process isn't instantaneous, and in-country it normally takes between 48-72 hours. Between countries it could take 7-10 days.
**IMPORTANT - I said in-country 2-3 days and between countries 7-10 days. Those are BUSINESS DAYS. Any holidays recognized by either country, weekends, or bank holidays do not count as transfer days.
If you haven't seen anything by Monday, I'd have your daughter call her bank. Just know even though the transaction was done on a Saturday, I do not believe that Saturday counts as a day (it automatically shifts to 'Monday')
Good luck!!
2007-01-12 12:15:37 · answer #3 · answered by gengidashiell 3 · 2⤊ 0⤋
Some banks take up to 10 days to transfer money & it takes longer to get them to tell you.
2007-01-16 04:53:33 · answer #4 · answered by Ollie 7 · 0⤊ 0⤋
I've had bank prob's with money that should have been there. Electronic money should be instant? Was kept waiting for a couple of weeks in Europe. Then in England I was only kept waiting for a few minutes cos I made a fuss and they wanted to get rid of the problem - me!
2007-01-12 14:06:41 · answer #5 · answered by eyvind 2 · 0⤊ 2⤋
babe banks are s**t. The longer they keep it the more interest they get on it by loaning it out or for stocks and shares etc. Never ever trust a bank. Next time it would be quicker by post with a cheque. I once got a cheque from someone and it was from Bradford and when the bank checked it they said it was fraud on my part, I only found out later that the bradford they had checked was in england and the cheque actually came from bradford in the USA, I got a bad name for something that was their fault not mine. Hope you get it babe.
2007-01-12 12:14:47 · answer #6 · answered by Anonymous · 1⤊ 2⤋
You need to contact your daughter who needs to contact her bank, if everything went fine there, you need to speak with your bank. That is far far far too long, it usually only takes 24-48 hours.
2007-01-12 12:04:10 · answer #7 · answered by Mickey 6 · 0⤊ 0⤋
It it doesn't show up soon, it has prolly wound up in some other account. It has happened to me in the past.
--That Cheeky Lad
2007-01-14 22:41:42 · answer #8 · answered by Charles-CeeJay_UK_ USA/CheekyLad 7 · 0⤊ 0⤋
Captain Jack Sparrow has it on the Black Pearl.
2007-01-12 12:03:46 · answer #9 · answered by Sam 3 · 0⤊ 1⤋
It is in my bank account. I hacked your computer and got your bank details.
2007-01-12 12:00:03 · answer #10 · answered by Anonymous · 1⤊ 2⤋