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-   -   A Banking Question..... How long should a wire take ? (https://gfy.com/showthread.php?t=1026375)

critical 06-13-2011 07:05 PM

Typically takes 1 to 4 hours unless the Patriot act is in effect!
I suggest leaving the "memo" field blank! They hold wires from
time to time on me that I am sending if they do not understand
the meaning of the memo field! Whoa! Stupid.

JFK 06-13-2011 07:07 PM

Quote:

Originally Posted by critical (Post 18214117)
Typically takes 1 to 4 hours unless the Patriot act is in effect!
I suggest leaving the "memo" field blank! They hold wires from
time to time on me that I am sending if they do not understand
the meaning of the memo field! Whoa! Stupid.

what's the Patriot have to do with it, they have their finger in every pie ? ?:Oh crap

critical 06-13-2011 07:17 PM

Here is an example of Patriot Act in the Act:

Funny, I sent a wire to someone and this is what happened:

http://critical.net/iran.jpg

Notice the IRAN SANCTIONS!????
Funny as hell. I sent the money FROM Chase Bank TO Chase Bank in New York.
Can I hear #BankFail?

LOL

AMSCash 06-13-2011 07:18 PM

seconds usually. the banker will receive a response after it is completed. If it is done after hours then the next day.

JFK 06-13-2011 07:23 PM

Quote:

Originally Posted by critical (Post 18214134)
Here is an example of Patriot Act in the Act:

Funny, I sent a wire to someone and this is what happened:

http://critical.net/iran.jpg

Notice the IRAN SANCTIONS!????
Funny as hell. I sent the money FROM Chase Bank TO Chase Bank in New York.
Can I hear #BankFail?

LOL

You having a problem with Chase as well ? Hate fucking banks :mad:

critical 06-13-2011 07:29 PM

I do on occasion. They are pretty good to me but sometimes I get red in the face with them but oh well, they are better than Wells Fargo by far. :-)

JFK 06-13-2011 07:33 PM

Quote:

Originally Posted by critical (Post 18214151)
I do on occasion. They are pretty good to me but sometimes I get red in the face with them but oh well, they are better than Wells Fargo by far. :-)

Heard horror stories about them, originally I was with WaMu, till they got bought out by Chase:disgust

Kelli58 06-13-2011 08:09 PM

All US banks, dealing with other US banks have pretty much the same policies. Typically wires initiated before noon are credited the same business day, while anything after noon gets credited on the next business day.

However they can hold your transaction depending on your relationship with your bank. It could be a 24 hold, a 72 hour hold, 5 business days or even 10.

However if they smack a hold on the wire for whatever reason the transaction will still appear in your account online, but you'll see some sort of hold message.

If anyone tells you any different than what I have posted here they are full of poop. There is one guy selling content on GFY that tells a wonderful story - so be careful of scammers like him.

The wire went from Bank of America in CA to his bank in Florida. The wire went out four weeks ago, confirmed by senders bank. Three weeks later he claims the bank contacted him and put a hold on a wire that was processed 3 weeks ago. LOL

No bank goes into your account weeks later and says oh we changed our mind, we decided to put a hold on the wire now instead of when it came in.

Some people are so beyond stupid, they really believe these kind of bullshit stories.

SleazyDream 06-14-2011 12:21 AM

umm, if it's the same bank you don't NEED a wire - you can direct deposit to any account (instantly). why pay wire fees?

most US wires for me take 1-2 days... usually 2 and show up at the end of the second day. (ccbill stuff)... occasionally it takes 3 - when there's a holiday in one country or another that happens....

TidalWave 06-14-2011 12:52 AM

Chase has what they call QuickPay .. just use that, its sort of like a Paypal alternative for Chase account holders.
It clears overnight.

Internet User 06-14-2011 12:53 AM

50 bank wires

Lykos 06-14-2011 03:45 AM

It should be really fast,basiilly few minutes..

V_RocKs 06-14-2011 04:18 AM

Quote:

Originally Posted by JFK (Post 18212966)
Same here, usually takes 5 bus days from Europe, depending on the country. But I thought it was pretty instant if its in the same bank:2 cents:

I get mine in 2 from Europe.. I guess I am doing something wrong.

MaDalton 06-14-2011 05:10 AM

i have been receiving wires from the US, Canada or Russia within 24 hours

should i get the popcorn ready?

GonZo 06-14-2011 08:07 AM

Pay jfk ! ! !

JFK 06-14-2011 08:11 AM

Quote:

Originally Posted by GonZo (Post 18215110)
Pay jfk ! ! !

Thanks, the matter has been sorted out, appreciate the support:thumbsup

Spudstr 06-14-2011 08:27 AM

I can send wires from BoA to M&T bank and its damn near instant.

PhantomFrog 06-14-2011 07:19 PM

Long enough for the banks to use YOUR money in the overnight money market ...

Super Mario 06-14-2011 07:37 PM

I've seen it take anywhere from a few hours to a 3 days...

PhantomFrog 06-14-2011 08:04 PM

Long enough for the banks to make interest on YOUR money while the are holding off processing your wire transfer ....

waltgator 06-15-2011 12:57 AM

Quote:

Originally Posted by JFK (Post 18212811)
If you were both with the same bank, business to personal acct ? Chase accts, both in the States.

I have had it take as long as 2 days MAX! but usually 1 day man... good luck!


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