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What time each bank does daily batching

  • 25-05-2019 3:06pm
    #1
    Registered Users, Registered Users 2 Posts: 5,586 ✭✭✭


    Specifically KBC for me. So if another bank sends money in, what time would it arrive(allowing for the fact it can take days to achieve)


Comments

  • Registered Users, Registered Users 2 Posts: 954 ✭✭✭caff


    Generally batches kick off about 8pm weekdays and 6pm Fridays this does differ for each bank a bit. Clearing would finish between ten pm and 1am depending on each bank. No fixed times though as each bank can include widely varying extras in each batch during the month such as securitisation and weekly or monthly reporting jobs.


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