How long does it take for a bank transfer to arrive?

Bank transfer - time to arrive

Today, electronic payments continue to be part of our activities. National and international money transfers allow us to connect with the world market. In this article we will tell you everything you need to know about bank transfers, including how long it takes for a transfer to arrive and what is the bank's cut-off time.

We are still getting used to online banking and the fact that it is so easy to transfer money or apply for a loan in 15 minutes with a couple of clicks. For this reason it is normal that doubts arise regarding how long it takes for a transfer to arrive. For this reason, we will clarify any concerns and fully discover everything that these banking processes entail.

How do Bank Transfers work?

First of all, a bank transfer takes place when you send money from your bank account to another entity. It is a fast, safe and reliable method that every day far exceeds withdrawals and cash payments. You can do it from your online banking through your mobile or computer after following these steps:

  1. Activate online banking for your account, which usually involves having an access PIN and a coordinate card to verify your identity.
  2. Once you enter your bank's website, you will have to look for the “transfers” option.
  3. You will have to fill in the recipient's personal data such as their first and last name, bank account number or IBAN and indicate the amount.
  4. Once you continue, the bank will notify you if your transfer has any commission. This usually occurs in the case of different entities or international transfers.
  5. Send the money and receive a digital proof of your payment.
Bank cut-off hours

Types of Bank Transfers

Before going into the issue of how long a bank transfer takes to arrive, it is important to know that we can make different types of transfers. This greatly influences the time it takes for the money to arrive.

  • National Bank Transfer between the Same Bank
  • National Transfer between Different Banks
  • SEPA International Transfer
  • SWIFT International Transfer
  • Bizum

How do you know how long a transfer takes to arrive?

Depending on the type of transfer, the money can arrive at one time or another. In this way, you should not group all the banking operations in the same group. If you identify the nature of the transfer, you will know how many hours or days to wait before assuming there was a problem in the process.

Type of Operation Wait time
Transfer between accounts of the same Bank Righ now
Transfer between different Banks 1 or 2 business days
SEPA International Transfer 1 to 5 business days
SWIFT International Transfer 2 to 5 business days
Bizum Righ now

National Bank Transfer between the Same Bank

If the recipient's account is from the same bank as yours, then the money will arrive immediately, even if the transfer is made between own accounts of the same bank.

In addition, the amount will appear in the movement register immediately, so you will not have to wait for the information to be updated.

The best of all is that this type of transfer does not involve any bank commission, so they are totally free . For this reason, before transferring, be sure to ask the recipient if they have an account with your same bank.

National Transfer between Different Banks

There is so much variety of financial entities that it is normal that we must transfer money to holders of bank accounts different from ours. Normally, a transfer between different banks can take up to 24 hours to become effective.

For most entities, there is a cut-off time that serves as a guide to know how long it takes for a bank transfer to arrive.

In the case of this type of operation, if you send the money before the cut-off time, the transfer will arrive the same day or the next day, but if you send it later, the recipient will receive the money after two days.

In this type of transfers, commissions are usually applied by the issuing bank and they take longer because the Bank of United States intervenes, which must process this information crossing. In fact, they can apply an additional commission if you want the transfer to arrive immediately despite being different entities.

In addition, this is the type of transfer that you would carry out if you apply for a loan in entities such as Dindin or Quick Loan as long as they do not have an account with your bank.

SEPA International Transfer

When we want to transfer to a bank in another country, we must know that the money will be subtracted from our account immediately. However, the recipient will not receive it as quickly. We are talking about it may take up to 5 business days to arrive, especially if the destination country does not belong to the SEPA zone made up of:

  • European Union countries
  • Liechtenstein
  • Iceland
  • Norway
  • Switzerland
  • Andorra
  • Monaco
  • San Marino
  • United Kingdom
  • Vatican City

You should also take into account if the country is going through a political, economic or social crisis , as this will slow down the arrival of money and even the security of the transaction.

SWIFT International Transfer

In this type of international transfer, different currencies are handled. Consider that if you transfer US dollars and the recipient handles another currency, they will probably charge you a commission for currency exchange. In this type of transfer you need the SWIFT code of the destination bank and it usually takes between 2 and 5 business days to become effective.


It is one of the latest banking innovations that allows you to make transfers without requesting the recipient's bank details . You avoid getting confused by typing the digits and the operation is done instantly. The receiver receives an SMS confirming the transfer and already has the money available in his account.

Cut-off time Bank Transfers in United States

To know for sure how long a bank transfer takes to arrive, we must know the cut-off time handled by each entity in the country.

Not all banks handle the same cut-off time and this will allow us to know when we should transfer if it is a different entity and we want the money to arrive as soon as possible or until what time we could cancel a transaction.

Also, keep in mind that banks have different cut-off hours and this can affect the speed of the transaction . That is, you may send your money within the established time so that it arrives as soon as possible, but the operation becomes effective at the destination bank outside of its own base hours, which would make it count on the next business day.

Bank Cut-off time
Santander 16:00
BBVA five pm
The Caixa 11:00
Bankinter 10:30
ABANCA 12:00
Pastor Bank 20:00
Kutxa Labor 18:30
Sabadell Bank five pm
N26 18:00
Bankia 20:00
ImaginBank 11:00

When applying for a personal loan , this information is vital to know how long you will receive the money and when the payment of your monthly installments will be made.

Comments (0)
Leave your comment