where's my money?

Starting

A mate who owes me a few hundred quid has just sent me a bank transfer from her bank account. She lives in San Francisco and I live and bank here in the UK. She sent the money last night at around 7pm. When is it likely to appear in my current account roughly?

BASFORDLAD

It could take a few days to appear....

Starting

BASFORDLAD wrote: »

It could take a few days to appear....

Can you be more specific? A few days as in 10 days or more like 3 days?

thatsean

The sending bank might be able to be more specific! It will go through one or more routing banks, you'll be doing well for 3 working days, perhaps not as long as 10 though.

JohnLewis

Starting wrote: »

Can you be more specific? A few days as in 10 days or more like 3 days?

I tried to get some money form a friend in NYC recently. The charges were prohibitive, and this was from Lloyds TSB USA to Lloyds TSB UK. Around $150 if I recall. They reckoned around 7-10 working days. Of course this probably varies extremely though.

In future, use Western Union if its a friend, much cheaper than a bank transfer and is there in a few hours.

FYI we eventually did it via PayPal - who inexplicably marked it as fraudulent and kept the money for 4 working days!!! It seems however you do it, somebody is going to shark the interest...

pinkteapot

A second vote for Paypal. I had to send £150 to Japan and HSBC's charge for doing it was huge (about £30 I think).

I paid the Paypal fee, so the recipient received the full £150 and I paid a bit extra, but it was tiny compared to the bank's charge. About £4 I think?

Plus, the recipient received it to their Paypal balance immediately.

To the OP - your friend needs to ask their bank how long it will take to arrive.

Starting

The payment was in my account within less than 24 hours. Amazing.