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Quick internet banking question!!

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  • 26-04-2010 9:37pm
    #1
    starface
    Registered Users Posts: 243 ✭✭


    Hey, just a quick question.

    How long does it take to transfer money from my own AIB account into someone else's BOI account with internet banking?????

    It was 1500 euro and i did it today around 1pm but got word back this eve that it hasn't reached the BOI account yet. Could processing take over 24hours?... or is there a good change i screwed something up? getting a little worried because he needs to have the money by tomorrow.

    Also, I know AIB to AIB is instant from previous experiences.

    Thanks.


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    #2
    dudara
    Registered Users Posts: 33,518 ✭✭✭✭dudara


    AIB to BOI can take 3-5 working days as the funds are clearing between different banks.

    Disgraceful, but that's the way it is.


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    #3
    dotsman
    Registered Users Posts: 3,636 ✭✭✭dotsman


    dudara wrote: »
    AIB to BOI can take 3-5 working days as the funds are clearing between different banks.

    Disgraceful, but that's the way it is.

    I thought it's a lot faster than that. From what I can remember, if you transfer before a certain cut-off (around midday), the funds will be there the next day. After the cut-off, you have to wait 2 days. I could be wrong on the specifics, but I do know they improved it a few years ago.


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    #4
    coffee_cake
    Registered Users Posts: 81,310 CMod ✭✭✭✭coffee_cake


    ulster bank is generally next day but other banks could be longer... I wouldn't expect it to be on the same day for bank to another bank though!


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    #5
    Recce
    Closed Accounts Posts: 8 ✭Recce


    Same bank transfers are instant.
    Transfers to other banks can take up to 5 days, but usually take a day or 2 at most.


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    #6
    starface
    Registered Users Posts: 243 ✭✭starface


    thanks for all the replies.

    It went through there today so I must have got in before mid-day. Panic over anyways. Thanks!!


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