[Sunhelp] OT: International bank wire transfers

Rob Staab rstaab at actbig.com
Wed Aug 30 11:24:33 CDT 2000


It also depends on the sizes of the two banks. I've had same day service but
then again I work in NYC, NY. This was also a large Japanese bank (Bank of
Tokyo) so that also makes a difference. Wouldn't it be nice if we could all
have the same system.

- Rob

> -----Original Message-----
> From: sunhelp-admin at sunhelp.org [mailto:sunhelp-admin at sunhelp.org]On
> Behalf Of Bill Bradford
> Sent: Wednesday, August 30, 2000 12:14 PM
> To: sunhelp at sunhelp.org
> Subject: Re: [Sunhelp] OT: International bank wire transfers
>
>
> On Wed, Aug 30, 2000 at 11:14:35AM -0400, Rob Staab wrote:
> > The transfer is pretty much instantaneous. The bank should know
> immeadiately
> > that funds were transfered. Occassionally they have rules
> regarding how soon
> > the money is posted to your account however. (This is so they
> can make money
> > off of your money.)
> > - Rob
>
> This is true for domestic (US) wire transfers, but my bank told me this
> morning that it can take up to 5 days for the money to be posted to the
> recipient's account for international wire transfers.
>
> I'm just too impatient I guess. 8-)
>
> Bill
>
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> +-------------------\ /-----------------+
> | Bill Bradford      |  www.sunhelp.org |
> | mrbill at mrbill.net  |   www.decvax.org |
> | Austin, Texas USA  |    www.pdp11.org |
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