Nearly instant depending on your bank. Waiting 45 minutes to an hour is not unheard of. They do a really poor job of assessing risk e.g. sending money to myself

Nearly instant depending on your bank. Waiting 45 minutes to an hour is not unheard of. They do a really poor job of assessing risk e.g. sending money to myself routinely still results in slow transfers. There's also ridiculously low limits on daily/weekly/monthly transfers making it useless for say moving a house deposit between banks.