if someone transfers money from their BOI acc online to Ulsterbank today,how long before it shows up in the acc? does it take a few days for it to clear? thanks
For me, usually there on the second working day so if you transfer it today, it will be there on Tuesday.
.. before 17:00 .... so if you transfer it today, ..
.. it will be there on Tuesday.
.. before 17:00 ..
After 17:00, it'll come out of your account, but not arrive in the destination bank until Wednesday.
Not in my case .. Obviously I mean if you withdraw it before close of business today.
Not sure if you're endorsing or contradicting what I posted ?
BOI send payments to other banks each working day, i.e. 5 days per week. The cut-off for inclusion is around 17:00 each working day. All payments initiated after the cut-off today will be held for inclusion in the next working day's (i.e. Monday's) payments, even though the payer is debited there and then.
Today, before 17:00 = Tuesday
Today, after 17:00 - Wednesday
At times like Christmas and Easter, when there is a succession of bank holidays, the delay is extended.