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What time each bank does daily batching

25-05-2019 03:06PM

#1

veryangryman

Registered Users, Registered Users 2 Posts: 5,816 ✭✭✭

Join Date: November 2007

Posts: 4802

Specifically KBC for me. So if another bank sends money in, what time would it arrive(allowing for the fact it can take days to achieve)

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Comments

#2 25-05-2019 03:09PM

caff

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Join Date: October 2003

Posts: 854

Generally batches kick off about 8pm weekdays and 6pm Fridays this does differ for each bank a bit. Clearing would finish between ten pm and 1am depending on each bank. No fixed times though as each bank can include widely varying extras in each batch during the month such as securitisation and weekly or monthly reporting jobs.

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