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Bank clearing time.

  • 26-03-2015 5:26pm
    #1
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭


    Do different banks clear inbound transfers at different times?
    Expecting 2 transfers in , ptsb and boi accounts, from the same source.
    Ptsb cleared in my account today at 3pm. Boi yet to clear.
    Just curious, no biggie.


Comments

  • #2
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,974 Admin ✭✭✭✭✭Toots


    Where were they coming from?


  • #3
    dobsdave
    Closed Accounts Posts: 1,814 ✭✭✭dobsdave


    Toots wrote: »
    Where were they coming from?

    Transferwise, currency exchange company, not sure where they send their money from.
    I was surprised to see it go in at 3 to be honest.


  • #4
    Toots
    Administrators, Business & Finance Moderators, Society & Culture Moderators Posts: 16,974 Admin ✭✭✭✭✭Toots


    It might be that they clear through PTSB. AFAIK 3pm used to be the time a lot of automated credits would hit accounts. Nowadays it's mostly first thing in the morning, but it can depend on when the company themselves post the transaction.


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