The fastest way is to use a money transfer app like TransferGo. We get your money to your receiver's bank account in Nigeria in less than half an hour—usually just 2 or 3 minutes!
It all depends on the delivery option you choose when ordering your transfer. We don't process transfers on bank holidays, so if you order a standard transfer just before a bank holiday, it will be completed on the next working day. Security checks can sometimes affect the speed of a transfer.
If transfers occur between accounts at the same financial institution, they can take less than 24 hours. Wire transfers via a non-bank money transfer service may happen within minutes. If you're sending money to another country, however, it may take as many as five days for the recipient to receive their funds.
With a rating of 'Excellent' from over 35,000 reviews on Trustpilot, the TransferGo app is highly recommended by customers. It also helps that TransferGo has excellent Customer Service in English and 9 other languages.
TransferGo money transfers are instant on many of our routes. But the truth is, it depends which options you choose. Want it now? Card-to-card transfers are superfast, at a higher (but still low) fee.
To check your transfer status in your own profile, click on the 'Home' button. Your transfers will be marked as either 'In progress' or 'Completed'. 'In progress' transfers have 2 statuses: 'Awaiting payment': this means that we haven't received your money yet.
Your specific bank transfer time will vary depending on a range of factors, including fraud prevention, different currencies, different time zones, and bank holidays/weekends. In general, the bank transfer time will be around one to five working days.
Why is my bank transfer taking so long? Delays in bank transfers can be caused by factors such as the amount being transferred, bank security checks, or the bank's operational hours when transferring money internationally or during weekends and public holidays.
If money is transferred but not received, the sender should contact the bank or service used to initiate the transfer to track the transaction. They can also contact the recipient's bank to inquire if the funds have been received.
There are no limits on how much you can send with TransferGo. However, if you pay for your transfer by card, you'll only be able to send a maximum of £10,000 at once. ⁵ You can make as many payments as you like though. There are no transfer limits for bank transfers, except those set by your bank.
For example, TransferGo has over 35,000 verified reviews and a total average score of 4.7 out of 5 on Trustpilot, which lets you know that our company is legitimate. Regulated by UK and EU law, our secure money transfers to the USA are FCA approved, making us the safe way to send money to the USA online.
Why does an ACH transfer take 3 days? The payment system takes up to three days due to the electronic funds' transfer and formal filing system. The financial institutions process bank account information in batches, leading to a delay in funds transfer.
Transfers are almost instant, but can take up to 30 minutes depending on your bank or credit union.
Receive money to your bank account
Each transfer includes all processed (available) donations, and you can't choose your transfer amount. Transfers initiate daily, unless you change to weekly or monthly. It takes 2 - 5 business days for transfers to reach the bank account after leaving GoFundMe.
8:00 p.m. ET for next-business-day or 3-business-day transfer. Funds will be received by the recipient's bank either the next business day or within 3 business days. 5:00 p.m. ET for same-business-day (wire) transfer. Funds will be received by the recipient's bank on the same business day.
The receiving bank is still processing the money
But some banks are slower than others — they might take up to 1 working day for them to release the money. So your money's safely on its way, but the recipient bank is still processing it. Your recipient can ask their bank to speed this up.
Bank to bank transfer times can vary across financial institutions depending on the type of transfer you make. If you're making a traditional inter-bank transfer it will take 1-3 business days. If you use NPP Faster Payments or a PayID it can be near real-time.
If money has debited from your account but the merchant says they didn't receive the credit or refund, contact your bank to file a chargeback. You can file a chargeback on the bank's official website or by visiting the physical bank branch.
Funds transferred into your Savings account will be generally available for withdrawal no later than the 5th business day after the deposit is initiated. External banks are required to reflect funds transferred to them within two business days, but most will do it within one business day.
The short answer is: absolutely! TransferGo Ltd is a registered payment service provider. We are supervised by HM Revenue & Customs (HMRC) under Money Laundering Regulations 12667079, and regulated by the UK Financial Conduct Authority (FCA) as authorised payment institution 600886.
Utilise online banking: If you have online banking access, log in to your account and navigate to the section for wire transfers. Check for any tracking features or options available. Some banks provide real-time tracking updates for international wire transfers.