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springer · 7 March 2013, 11:53 AM

I was asked a question I couldn't answer.

How long does it take to receive a wire transfer within the USA from a bank in another country? I was told three to five days which seems rather long.

Stateside it takes one day or less.

beshannon · 7 March 2013, 11:55 AM

It depends on the country and the bank.

In the US it takes one day it cannot be less since the clearing through the Fed takes place . . . once a day.

MoosicPa · 7 March 2013, 11:56 AM

I have only sent wire, and received them from England, so I can't speak to the rest of the world, but it took on average 2 days for them to show. With electronic banking today, 5 days does seem a long time.

boywondergq1 · 7 March 2013, 12:10 PM

I once sent money to Asia (I am in Canada) and it was there like the next day.

nch209 · 7 March 2013, 01:09 PM

Hey John,

I recently had one come from London, and it took 4 days. It made it, just not fast. I bet it depends on both the bank, and the country of origin.

tinger · 7 March 2013, 01:10 PM

Citibank informed me a few months ago that if the receiving bank do not have an international department the process would take longer because of the need for an intermediary bank. My wires (online) takes only a few hours for domestic transfers.

springer · 7 March 2013, 01:35 PM

Thanks all. This is a major USA band and they do have an international department. Sounds like two or three days is the norm.

slvrbulletv6 · 7 March 2013, 01:40 PM

Had a wire transfer from Spain to the US and it took 5 days.

melons · 7 March 2013, 01:53 PM

Recently received one from Canada, it cleared in less than 48 hours.

SWISSAHOLICS · 7 March 2013, 02:27 PM

Wired money to Asia....completed within 48 hours.

MonBK · 7 March 2013, 05:52 PM

I receive and send intl. wires on a daily/weekly basis and in my experience the average is the following day.

How about this for a intl. transfer record.

The last wire I sent was to a one horse town bank in Florida which needed to go through two corresponding banks (Citibank & Suntrust) before reaching him.

I had a deadline for the funds to be there so I added $75 for express handling and low and behold the receiver had the funds in 2 1/2 Hr's.

MonBK · 7 March 2013, 09:47 PM

Quote:

Originally Posted by MonBK

I receive and send intl. wires on a daily/weekly basis and in my experience the average is the following day.

How about this for a intl. transfer record.

The last wire I sent was to a one horse town bank in Florida which needed to go through two corresponding banks (Citibank & Suntrust) before reaching him.

I had a deadline for the funds to be there so I added $75 for express handling and low and behold the receiver had the funds in 2 1/2 Hr's.

I forgot to mention, if the sending banks corresponding bank happens to be you own bank (Citibank, BA, SunTrust) or similar you'll receive it the same day.

roach7 · 7 March 2013, 05:50 PM

my experience is around 3-5 days outside the usa

HL65 · 7 March 2013, 08:45 PM

I have sent quite a few and have never had one take more than one day--always there the next day.

Darlinboy · 7 March 2013, 09:17 PM

Depends on the country - I have had it take anywhere from 1-3 days.

Kingair · 8 March 2013, 12:17 AM

Mostly 2 days . . . from Belgium to the US . . .

And as Mon says same bank . . . same day

You can do it express than it will cost about $ 35.00 extra

HAGOne

7 March 2013, 11:53 AM	#1
springer 2024 SubLV41 Pledge Member Join Date: Apr 2008 Real Name: jP Location: Texas Watch: GMT-MASTER Posts: 17,320	Wire transfer I was asked a question I couldn't answer. How long does it take to receive a wire transfer within the USA from a bank in another country? I was told three to five days which seems rather long. Stateside it takes one day or less. __________________ Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics.

7 March 2013, 11:55 AM	#2
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	It depends on the country and the bank. In the US it takes one day it cannot be less since the clearing through the Fed takes place . . . once a day. __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

7 March 2013, 12:10 PM	#4
boywondergq1 "TRF" Member Join Date: Sep 2011 Location: Canada Posts: 792	I once sent money to Asia (I am in Canada) and it was there like the next day. __________________ "Experience is simply the name we give our mistakes." - Oscar Wilde

7 March 2013, 01:09 PM	#5
nch209 "TRF" Member Join Date: Jul 2007 Real Name: Nathan Location: Northern Virginia Posts: 2,775	Hey John, I recently had one come from London, and it took 4 days. It made it, just not fast. I bet it depends on both the bank, and the country of origin. __________________ nch209

7 March 2013, 01:35 PM	#7
springer 2024 SubLV41 Pledge Member Join Date: Apr 2008 Real Name: jP Location: Texas Watch: GMT-MASTER Posts: 17,320	Thanks all. This is a major USA band and they do have an international department. Sounds like two or three days is the norm. __________________ Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics.

7 March 2013, 11:56 AM	#3
MoosicPa "TRF" Member Join Date: May 2010 Real Name: Don Location: Moosic PA Watch: King Midas & Subma Posts: 1,159	I have only sent wire, and received them from England, so I can't speak to the rest of the world, but it took on average 2 days for them to show. With electronic banking today, 5 days does seem a long time.

7 March 2013, 01:10 PM	#6
tinger "TRF" Member Join Date: Mar 2012 Location: weehawken Posts: 847	Citibank informed me a few months ago that if the receiving bank do not have an international department the process would take longer because of the need for an intermediary bank. My wires (online) takes only a few hours for domestic transfers.

7 March 2013, 01:40 PM	#8
slvrbulletv6 "TRF" Member Join Date: Sep 2011 Location: "City of Angels" Watch: 116613LN serti Posts: 214	Had a wire transfer from Spain to the US and it took 5 days.

7 March 2013, 01:53 PM	#9
melons "TRF" Member Join Date: Jan 2013 Location: GMT -5 Watch: Rolex/Panerai Posts: 991	Recently received one from Canada, it cleared in less than 48 hours.

7 March 2013, 02:27 PM	#10
SWISSAHOLICS "TRF" Member Join Date: Jan 2013 Location: Here! Watch: Rolex Posts: 4,366	Wired money to Asia....completed within 48 hours. __________________ 16610LN \| 16613LB \| 16710 Pepsi \| 118238 \| 116500 (White) \| 116500 (Black) \| 116710BLNR \| 116610LV "The one thing I fear most is time; time waits for no one and leaves no options."

7 March 2013, 05:52 PM	#11
MonBK Banned Join Date: Nov 2010 Location: Kingstown Posts: 58,279	I receive and send intl. wires on a daily/weekly basis and in my experience the average is the following day. How about this for a intl. transfer record. The last wire I sent was to a one horse town bank in Florida which needed to go through two corresponding banks (Citibank & Suntrust) before reaching him. I had a deadline for the funds to be there so I added $75 for express handling and low and behold the receiver had the funds in 2 1/2 Hr's.

7 March 2013, 05:50 PM	#13
roach7 "TRF" Member Join Date: Jun 2007 Real Name: henry Location: nyc Watch: 16610lv Posts: 1,829	my experience is around 3-5 days outside the usa

7 March 2013, 08:45 PM	#14
HL65 TRF Moderator & 2024 SubLV41 Patron Join Date: Dec 2007 Real Name: Ken Location: SW Florida Watch: One on my wrist. Posts: 64,015	I have sent quite a few and have never had one take more than one day--always there the next day. __________________ *SPEM SUCCESSUS ALIT*

7 March 2013, 09:17 PM	#15
Darlinboy 2024 SubLV41 Pledge Member Join Date: Apr 2011 Real Name: DB Location: :noitacoL Watch: :hctaW Posts: 6,703	Depends on the country - I have had it take anywhere from 1-3 days. __________________ Lorem ipsum dolor sit amet, consectetur adipiscing elit.

8 March 2013, 12:17 AM	#16
Kingair "TRF" Member Join Date: Oct 2009 Location: USA Watch: Not enough ;-) Posts: 21,232	Mostly 2 days . . . from Belgium to the US . . . And as Mon says same bank . . . same day You can do it express than it will cost about $ 35.00 extra HAGOne

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