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EFT Cross Boarder Payment

RiseToMe · 2011-09-22 15:12:57

Hey folks, Work are paying for me to do a degree in the uk but i was a late applicant and my course fees were paid by eft today from boi to barclays, question is how long will it take this transfer to complete? As in for the funds to appear in colleges account? It's a business account to a college account if that makes any…

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22-09-2011 4:12pm

#1

RiseToMe

Registered Users Posts: 1,272 ✭✭✭

Join Date: June 2011

Posts: 1091

Hey folks,

Work are paying for me to do a degree in the uk but i was a late applicant and my course fees were paid by eft today from boi to barclays, question is how long will it take this transfer to complete? As in for the funds to appear in colleges account? It's a business account to a college account if that makes any difference?

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#2 23-09-2011 8:13am
unclebill98

Registered Users Posts: 3,816 ✭✭✭

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If it's a standard transfer about 3 working days.

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#3 23-09-2011 11:08am
Marcusm

Registered Users Posts: 10,240 ✭✭✭✭

Join Date: November 2010

Posts: 10212

If it was input directly and all the details are correct it could be as little as 30 minutes although how long it would take before the recipient reconciled its account is a different matter. I regularly do these payments across my accounts in the UK and Ireland and to family members and they usually appear same day. Maybe I'm just lucky.

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