Wire Transfer to my Bank Account

Discussion in 'Payment Processing' started by Snipers, Mar 17, 2010.

  1. getjimmy

    getjimmy Prominent Member

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    #21
    Takes 1 working day for HDFC.
     
    getjimmy, Mar 19, 2010 IP
  2. sharadsharma

    sharadsharma Member

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    #22
    i have user first time wire transfersent to ICICI bank on 14 march but can know fully status. Still can't receive any payment
     
    sharadsharma, Mar 19, 2010 IP
  3. tempest-tossed

    tempest-tossed Active Member

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    #23
    even my funds didnot arrive yet....

    on 16th from US...

    SBI...
     
    tempest-tossed, Mar 19, 2010 IP
  4. Uncle Din

    Uncle Din Peon

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    #24
    Hmm, it all depends. Wire transfer work very well and we can't blame the system if the person paying is a fraud.

    The disadvantages are.

    1. Not a good idea for small amount transfers - as fee will be high
    2. the time taking - depends on many things. It may be same day, it may be 3 days and it may be even 12 days. Depends on bank policies, mode of payments etc. Usually money reaches in banks very fast though.
     
    Uncle Din, Mar 19, 2010 IP
  5. linkstrade

    linkstrade Active Member

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    #25
    but all client cannt send money by wire transfer.

     
    linkstrade, Mar 19, 2010 IP
  6. sanhit

    sanhit Peon

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    #26
    With wire transfer atleast wait for 3 days to update.
     
    sanhit, Mar 19, 2010 IP
  7. sweatlana

    sweatlana Well-Known Member

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    #27
    Near about 7 to 10 days.
     
    sweatlana, Mar 20, 2010 IP
  8. tempest-tossed

    tempest-tossed Active Member

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    #28
    u mean 7 to 10 working days? in which bank?

    i am trying with sbi and 5 days passed yet no funds..
     
    tempest-tossed, Mar 20, 2010 IP
  9. tempest-tossed

    tempest-tossed Active Member

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    #29
    I received the funds today (22nd) at my SBI a/c which was wired from US on 15th.

    SBI charged me INR 300 as Forex transaction charges and provided me with the exchange rate of $ 1 = INR 45.08 (ap)
     
    tempest-tossed, Mar 22, 2010 IP
  10. perfectpoint

    perfectpoint Well-Known Member

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    #30
    You should ask your bank about it generally it takes 48 hours in ICICI bank, you should ask the max time to your bank
     
    perfectpoint, Mar 22, 2010 IP