Payments by EFT?

Discussion in 'Payments' started by Mrcrans, Jun 26, 2008.

  1. #1
    Hi,

    I'm being paid by EFT end of this month (31th?) how long does it take to show/appear in my bank?
     
    Mrcrans, Jun 26, 2008 IP
  2. bacchus

    bacchus Peon

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    #2
    Depends on the bank.

    I usually see the money in the bank within 12-24 hours of payment in progress showing up on my account. PIP was a few days ago, so I have already received payment for this month via EFT.

    Payment issued tells me the cash is there and the bank has acknowledged receipt (I actually get the money then payment issued is posted.)

    Other people I know seem to have less efficient banks, and it seems to take longer.
     
    bacchus, Jun 26, 2008 IP