Wire Transfer Processing Time. International wire transfer time can vary depending on the country in which the receiving bank is located. Funds will be received by the recipients bank on the same business day.
International wire transfers however can take anywhere between 1 5 working days. International wire transfers pretty much always happen via the swift network which is an international messaging network that banks use to quickly and securely send information like money transfer requests between one another. Generally the wire transfers system can be categorized into two based on their processing method.
Why its time for a new approach to wire processing.
Yesterday morning i wire transferred 23000 us to gemini this is my third time transfer the first two times take not more than 24 hrs. Wire transfer requests received after 4pm est will be handled the next business day. To send and receive money quicker internationally wise can be a great option. However in most cases they reach the recipients account in 3 5 working days but it can take longer if more intermediary institutions are involved.