Understanding what happens when you do a bank transfer mins October By Sarah Aberman Post Cover Mint Transfer Qonto Bank Have you ever wondered what the reason behind bank transfer processing times was Maybe your colleague got their salary hours before you did Is their bank really faster than yours Whats the difference between working days and business days Why are interbank transfers slower Read on as we shed light on what really happens behind the scenes when you initiate a bank transfer. Two types of bank transfers First things first there are two main types of bank transfers Intrabank transfers this is when the two stakeholders in the transfer have accounts at the same bank.
These are the most straightforward bank transfers for banks to handle. Interbank transfers when the stakeholders have accounts at different banks these transfers are called interbank transfers. The photo retouching money has to flow from one bank to another. Lets dig into both kinds of transfers. A quick word about delays no need to think your bank is slower than a colleagues. Transfer times depend primarily on the type of transfer being done.
Most European financial structures follow the Single European . Intrabank transfers funds stay in the bank and change accounts Lets say you and your supplier both haveAa Qonto account. This is the ideal scenario because the funds dont have to leave the bank. Simply put when you initiate an intrabank transfer the money stays in the same bank and just changes accounts. Thanks to that the bank transfer happens automatically and so pretty much instantly.
發表於 2023-12-21 16:07:37
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