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Old 11-10-2018, 08:14 PM   #5
celtosaxon
Junior Member
 
Join Date: Oct 2018
Posts: 63
How long does it take for the overseas bank to receive my money when I do a funds transfer? The overseas bank is in the United States.
Normally takes 2-3 business days to my US account with Transferwise. If you do this on a regular basis, it’s well worth setting up. The best part is, you can submit a transfer and lock in the rate for up to 48 hours, if the rate improves, cancel, re-lock, repeat! Once you like the rate you locked, pay for the transfer and it will go through. In my experience, the transfer fee can almost always be covered by what you gain from re-locking better rates. Now, if only they had a feature to automatically lock better rates until a certain time passes. I’ve suggested this to them - so if they add this feature you can thank me.
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