Hello everyone ,
We noticed you all are curious regarding the timeline any business transfer might take, so we decided to create a topic on that.
Please note that any transfer’s waiting time depends on the currency and the country you are trying to send or receive the money from. We have covered different types of transfers and the approximate timeline for the recipient to receive them.
Ohh! Are you not the admin of the account? Then, you need to make sure that your admin gave you the permissions to order a transfer. If you don’t have the full transfer permission, the admin will have to approve your transfer request.
Transfers between Revolut users
Are you trying to transfer from a Business account to a Personal account or the other way around? You will receive the funds instantly and won’t have transfer fees as well.
If you want to transfer to your registered country using the local currency
UK local transfers - CHAPS can take up to 24 hours, if the recipient bank supports Faster Payments it will be received during the next 2 hours and BACS can take up to 3 days to reach the recipient’s account.
EUR local transfers (SEPA) - If the recipient’s bank institution accepts SEPA Instant, your transfer will be received within minutes, including weekends and holidays. Regular SEPA transfers can take up to 2 working days.
USD local transfers can usually take up to 3 working days.
If you want to transfer to a different currency from your registered country, or sent to a different country using any currency
All international transfers can take up to 5 working days. In some cases, international transfers can take a bit longer to be received.
Please be aware that if you need to receive an international transfer with a different currency, you will have to share the account details of the currency in which you want to receive the funds.
Still have questions? Don’t worry. Our comment section is open for you all!
Pere | Community Team