How long does it take to receive a transfer?

The transfer is currently one of the most used means of payment, simple, fast and efficient, it only takes a few minutes to register the bank details of a beneficiary and to transmit the sum necessary to settle an invoice or a real estate purchase for example from his banking application or from his computer. However, an unknown remains when you click on the button “make the transfer” and the most common question asked by the sender or the recipient of a transfer is: How long do you have to wait to receive a transfer? If the reception time is relatively short, here are a few lines to get a more precise answer.

Account-to-account transfer, an instant transaction that knows no amount limit

Reception delay: Instant

Account to Account Transfer

If you make a transfer to yourself or between two accounts hosted in the same bank (for example from a current account to a passbook or vice-versa), then the money transfer is immediate. The transaction appears simultaneously on your two accounts concerned, once on debit, once on credit. And this, including weekends and holidays, unlike external transfers. The advantage of such an operation is also based on the fact that the limit of amount granted by your bank is often largely sufficient to carry out important movements.

Bank-to-bank transfer, a random reception time which depends on the day of realization

Reception time: 2 to 3 days

Bank-to-bank transfer also called external transfer, is by definition an operation carried out between two separate bank accounts, domiciled in two different banking establishments. This movement is generally the one that takes the longest. It takes between 2 and 3 days to receive the sum of money programmed.

You will notice that the day of the operation in this case is important. Indeed, the time to receive a transfer will be longer if the transaction is made on a Friday for example, because the financial movements from bank to bank are frozen on weekends or public holidays.

If you want to make a transfer and you want the account to be credited the next day, then two tips:

  • Do not wait until the weekend to register the Beneficiary’s RIB.
  • Have your operation in the morning

Use the instant transfer option, for a payment in the minute

Reception time: 1 Minute

Instant transfer should not be confused with the immediate transfer. This option offered free of charge or paid depending on your bank will allow you to credit the beneficiary’s account instantly. There is therefore no need to wait in this case, a simple call to the person who is to receive the money will not suffice to confirm that the funds have been received. To consider this type of transfer, be sure to check with your bank, because not all brands offer this option on the one hand, and on the other hand, to access the instant transfer option, you will need to first ensure that the configuration of your online account allows you to access the tool.

How long does it take to receive a transfer issued from the National territory?

Reception time: 2 to 3 days

The waiting time for a transfer differs depending on the location from which it was issued. The shortest waiting time is observed for transfers sent from France to France.

From the moment the transfer order is placed, the law grants the bank a processing time of 1 to 3 working days maximum. You will receive your money in your bank account no later than D + 3, Monday to Friday, except public holidays. These, like Saturdays and Sundays, are not working days.

Note that the majority of banks announce processing times of less than 3 working days and that some organizations are closed on Mondays, which can also delay the transfer of funds.

SEPA transfers in the Euro zone, longer than average waiting time

Reception time: 1 to 3 working days

International transfer

For some time now, a SEPA zone has been set up. It concerns the countries of the euro zone which have adopted this currency of payment. SEPA transfers are subject to the same processing times as national transfers, i.e. 1 to 3 working days.

Reception times for a euro zone transfer outside SEPA

Reception time: Up to 4 days

Not all the countries of the euro zone have chosen the euro as their national currency. Transfers requested from another currency but within the European Economic Area have a processing time that can be extended. Legally, banks have 4 working days to release funds.

International transfer, longest waiting time

Reception time: 3 to 4 working days

Receiving money transferred from abroad, outside the euro zone and outside SEPA takes more time. The deadlines are lengthened in particular because of more thorough security checks: identity of the sender of the transfer, source of funds, sum to be transferred, respect of the limit of the account for example. If you are expecting a transfer from a foreign account, be patient. Sometimes it will take more than a week to receive the money promised by the issuer.

Until what time can we receive a transfer?

Reception time: From 7 a.m. to 9 p.m. in the evening

Time of Arrival Transfer

If you want to know until what time it is still possible to receive a transfer, know that there is no rule. A transfer can arrive at any time of the day. Yet you will often find that after 9:00 p.m. in the evening, no banking transactions occur. They usually resume the next day, in the morning from 7 am. To get an idea of ​​the time of receipt of a transfer, find out first about the time of issue of the transaction.

What to do in the event of a transfer not received?

If your transfer does not arrive,

  • already check that the legal deadline has passed. Remember that on weekends and holidays, no external transfer goes through and some banks are closed on Mondays.
  • After this check, if your transfer takes longer than normal, then you can get closer to the transmitter to check that it has carried out the operation.
  • We also invite you to consult your bank who will be able to inform you, in particular about your current operations, which are known but which have not yet taken effect.

Receiving a transfer is usually a quick process. Sometimes the money transfer may take a little longer. While waiting can be a little frustrating, think about the safety of your money and your personal data.