Are you familliar with bank transfers from Europe?

Question

I just want to know if it's possible to take as much as 3 weeks to transfer money form one account to another coming from Europe? Also, Would a trcking number be available to track the transaction?

I know for a fact that not all transfers can be done in one day. Takes 72 hours from US to canada, that's when the bank is small and they use a bigger bank to accept the transfer before it gets transfered to their bank. It's just that 3 weeks seems really long.

Answer 1

Three weeks is far too long for a normal bank transfer coming through the SWIFT network from Europe to the USA. Most such transfers take between a few hours to several business days.

You should ask the remitter to contact the sending bank about the transfer. Most delays with incoming transfers to the USA are to do with insufficient details for the transfer to reach the beneficiaries' bank account. Many smaller US banks are not connected to the SWIFT network so transfers must be routed through intermediary banks.

Before the transfer was sent you would have needed to have asked your bank (the receiving bank) for all the details necessary for inward international transfers, then you supply them to the sender (or remitter). Failure to provide complete details is the main cause of delayed or misrouted transfers. Fortunately the funds can easily be traced and often re-routed to the correct receiving bank account by the sending bank.

Hope this helps!

Answer 2

The last time I moved money from abroad to the US, I got a dollar cashier's check from the foreign bank and brought it with me. Easy and clean. There is no way that a transfer should take three weeks; a wire transfer can be done in a day.

Answer 3

Three weeks is far too long, unless there are some technical flaws with the transfer and the account number is incorrect or something. Check with the remitter in Europe