Written in FINTECH he
As part of the digital payments that are carried out in Mexico, the Bank transfers They are one of the most common today in the country, a method that increased its use with the arrival of the Covid-19 pandemic and that until now has been maintained among cardholders. And it is that only in 2020, for every 10,000 adult people, the number of transfers of this type was 44,189, while in 2019 it was just over 37,700, according to the National Banking and Securities Commission.
Thanks to an increase in the banking of Mexicans, it has been possible for this type of financial activity to become increasingly popular and with it more people have access to other banking services that offer them greater opportunities.
And within the various questions that exist around the Bank transfers one of them is How long time they take to arrive, that is, how many minutes it takes for this transaction to get from one account to another from an app or from the bank’s website. And it is that although it can take time depending on the financial institution and even because of the internet connection, an action like this should not take too long.
How long does it take for a bank transfer to arrive?
A wire transfer It is defined as a financial transaction by which a person instructs his bank so that, charged to his account, it sends a certain amount of money to the account of another person, either at the same or a different financial institution.
There is currently no way of knowing exactly when a interbank transferbut there are factors that intervene in this process, such as the time, day, location and platform in which it was carried out, which can make a difference in the time for it to be completed.
However, there is an estimate on how long does it take to get a bank transfer. If it is an ordinary transfer, it can take 1 business day when it is national; If it is international, it takes between 2 and 5 business days.
Now that if the transfer is immediate, you should receive your money in a period of no more than an hour, or failing that in less than a day, something that varies according to the policies of each bank.
To do Bank transfers It is necessary to have the mobile application of the banking institution of which we are clients. Or access our digital banking through the bank’s official website.
If they have made you one wire transfer and you have not seen that money reflected, or you were the one who sent a certain amount of money and still has not received it, don’t worry, remember that there are several factors that influence the time this process takes.
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