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How Long Does It Take To Transfer Money Between Banks. Nowadays many transfers between Australian banks happen using Osko youll see the symbol when you do your transfer. In some cases transfers will take even longer than this.
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To other banks in Australia. Before you do the transfers get your parents to contact the banks concerned and advise them that the money will be arriving and ask what sort of documentation they may require to satisy their money laundering checks. International Money Transfers IMT It usually takes 3 business days to process an IMT but may take longer depending on the recipients country and bank.
Several factors influence the time it takes for funds to reach an overseas account.
Its a long time to wait in a world where were used to everything happening instantly. However Money transfers between two financial institutions can take up to four days to go through. International Money Transfers IMT It usually takes 3 business days to process an IMT but may take longer depending on the recipients country and bank. In some cases transfers will take even longer than this.
