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SEPA guaranteed overnight iff funds are actually sent by the bank that receives the transfer request. I saw several banks (French, German, Luxemburgish) taking
by dmichulke 9y ago
SEPA guaranteed overnight iff funds are actually sent by the bank that receives the transfer request. I saw several banks (French, German, Luxemburgish) taking the order online and taking up to four business days (Sent Friday, arrived Thursday).
My SEPA transfer to a UK account always takes 2-3 days according to the service provider (can't vouch for that, maybe it's the provider who's slow but they are a small IT company so ...).
- kpil 9y agoIt varies by country if it's zero-day credit between banks (before a cutoff time) but i don't think it's legal within the EUR zone to have more than +1 days to credit. (I think Finland is +0. Germany and France probably not, for various cultural differences ️)
- germanier 9y agoOne business day is required in the Payment Service Directive. You still occasionally see two days from German banks, only few of them actually can manage a zero day transfer. I operate a Dutch bank account solely for the purpose of making fast transfers to German accounts which works really well. Once I tested that I was able to do a zero day transfer from a German bank to the Netherlands and then to another German bank. The same without the Dutch intermediary was a day slower.